Seanad debates
Thursday, 27 March 2003
Central Bank and Financial Services Authority of Ireland Bill 2002: Second Stage.
Competition in this case means having the freedom to change banks and anything that is a barrier to that should be removed. In the UK, there is a regulation that makes it simple and fast for any bank customer to move their account. I have no doubt the Central Bank will include customer interests as one of several items on its agenda, but I have noted that it should be the priority.
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