Seanad debates

Thursday, 27 March 2003

Central Bank and Financial Services Authority of Ireland Bill 2002: Second Stage.

 

It is intended that the consumer director will have the lead role in the exercise by the regulatory authority of the consumer functions transferring from the Office of the Director of Consumer Affairs, as well as various other new and existing functions. The provisions contained in the Bill reflect this intention, particularly the requirement that the consumer director will be a member of the regulatory authority.

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