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

Professor Philip Lane:

There are several levels to that. In 2008 or 2009, there was repeated guidance offered to the banks about correctly treating customers in terms of information and so on. When cases arose, we sought to have customers put back onto the correct rate. There is a lot of work on that issue as part of the current examination.