Oireachtas Joint and Select Committees

Thursday, 18 April 2019

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

Matters Relating to the Banking Sector: Central Bank of Ireland

Mr. Gerry Cross:

We are in the hands of the Oireachtas on this and awaiting legislation. We are working on the assumption that this legislation will be put in place and we are working to prepare what we think the regulations and guidance will be. We plan to consult on that because this is significant and needs public consultation as soon as practicable. We need to wait for the legislation to do that.