Oireachtas Joint and Select Committees
Thursday, 20 April 2023
Public Accounts Committee
2020 Report of the Comptroller and Auditor General: Chapter 14 - Assessment and Collection of Insurance Compensation Fund Levies (Resumed)
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021 (Resumed)
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (Resumed)
9:30 am
Mr. Gabriel Makhlouf:
Absolutely. Sorry, if the Deputy is raising the fact that some borrowers now face paying higher rates of interest, then that is an issue which was discussed at the Oireachtas joint committee when I attended a few weeks ago. We are doing a lot of work to make sure that all lenders understand their obligations. That work is ongoing, including making sure that there are no restrictions on the ability of people to switch from their current lender to someone else.