Dáil debates
Tuesday, 21 May 2024
Ceisteanna Eile - Other Questions
Banking Sector
10:45 pm
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
In short, the answer is "yes, Deputy". The access to cash legislation is at a very advanced stage of preparation. We need to consult the European Central Bank because some of the matters in the Bill are relevant to the functions of the ECB but I expect we will be sending a copy of the Bill to it in the next number of weeks. In essence the Bill will provide for the registration and regulation of ATMs including ATM deployers. This will protect access to cash. It will also protect cash lodgment services for businesses, within branches. It is a very important piece of legislation and it is my intention to ensure it is passed later this year.
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