Dáil debates

Wednesday, 26 September 2007

 

Financial Services Regulation.

3:00 pm

Photo of Róisín ShortallRóisín Shortall (Dublin North West, Labour)

The Minister must tell the House today whether or not he finds it acceptable that people are forced into the hands of moneylenders who can legitimately charge exorbitant rates of interest. The Minister's predecessor promised to introduce legislation to limit the level of interest which could be charged. Does the Minister intend to proceed with legislation and, if so, at what point does he expect to bring forward legislative proposals?

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