Oireachtas Joint and Select Committees

Tuesday, 4 April 2017

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

Banking Sector: Quarterly Engagement with Central Bank of Ireland

10:00 am

Photo of Fintan WarfieldFintan Warfield (Sinn Fein)
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On motor insurance, Professor Lane mentioned the report of the group chaired by the Minister of State with responsibility for financial services, eGovernment and public procurement in which a lot of requests are made of the Central Bank to fulfil many of the action points.

Does Professor Lane think the Central Bank has the resources to take on those significant extra responsibilities in that area?