Dáil debates

Tuesday, 21 September 2021

Ceisteanna Eile - Other Questions

Credit Unions

10:25 pm

Photo of Holly CairnsHolly Cairns (Cork South West, Social Democrats) | Oireachtas source

Due to changes introduced in recent years, we have a disconnect between the Department of Finance, which has responsibility for credit union policy, and the Central Bank, which is responsible for regulation but has no remit to appreciate the credit union as a volunteer-led, democratic organisation. The programme for the Government commits to reviewing the credit union policy framework. When will this review be complete and when will the much-needed reforms be put in place to support community banking?


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