Oireachtas Joint and Select Committees

Wednesday, 25 May 2022

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

Withdrawal from Irish Banking Market (Resumed): Engagement with Financial Services Union and Electric Ireland

Mr. Colm ? Raghallaigh:

As I understand it from our engagement with the banks and the representative body, the system is paper based. It goes back to the Central Bank switching code. Our preference would be to have in place an electronic means that would be much more streamlined.