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

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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That is what should happen in terms of regulation in financial institutions. It should be based on risk, not on the number of one's assets. If one looks at other products, mortgage lending has a risk weight of 50%.