Oireachtas Joint and Select Committees

Wednesday, 16 December 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Sector: Discussion (Resumed)

2:30 pm

Ms Anne Marie McKiernan:

I would also highlight that we have an element of tiering within our current approach because we apply our rules in a proportionate manner. As I mentioned in my statement, we have higher requirements for the larger and more complex credit unions and somewhat simpler requirements for the smaller institutions.