Oireachtas Joint and Select Committees

Thursday, 8 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland

9:30 am

Mr. Ed Sibley:

From a prudential regulation and prudential supervision perspective, it is not as intensive perhaps with these firms as with the larger banks, from a proportionate perspective. I want to make that clear in terms of expectations. However, they are regulated in the same way and they are supervised.