Finian McGrath (Dublin North Central, Independent)
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174. To ask the Minister for Finance his views on a matter (details supplied) regarding the Consumer Credit Act 1995; and if he will make a statement on the matter. [17893/15]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Central Bank of Ireland that it considers the circumstances of each case on its own merits in deciding an appropriate course of action such as exercising its discretion to proceed under the Administrative Sanctions Procedure or issue a summary prosecution.  It also advises that all investigations are considered on their own specific facts as to whether or not investigation is merited into the actions of one or more entities or individuals.

It is not possible for the Central Bank to make decisions in relation to potential responsibility without being aware of all of the facts and circumstances of a particular issue or complaint.  If a person has any complaint or information regarding an alleged contravention of this particular section of the Consumer Credit Act, this can be provided directly to the Central Bank which is the appropriate and independent authority on this matter.