Oireachtas Joint and Select Committees

Wednesday, 12 May 2021

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

Consumer Credit (Amendment) Bill 2018 (Resumed): Engagement with Central Bank of Ireland

Mr. Kevin O'Brien:

We receive complaints about illegal moneylending from time to time. This involves unregulated firms participating in this area. Historically, it involved verbal reports of activity in communities. Possibly more frequently, you will sometimes see websites entering into this space where it is a completely illegal and unregulated activity. Those complaints are taken on board and we share them with An Garda Síochána under the 1995-----