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Credit Unions Issues

Dáil Éireann Debate, Thursday - 17 October 2013

Thursday, 17 October 2013

Questions (72)

Pearse Doherty

Question:

72. Deputy Pearse Doherty asked the Minister for Finance if the confidential data of members of Newbridge Credit Union has been transferred to any other credit union. [43991/13]

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Written answers

The Question is referring to the proposed combination between Newbridge Credit Union and Naas Credit Union. The parties involved in this proposed combination are bound by confidentiality agreements and non-disclosure requirements which ensure that no personal data has been compromised. The Central Bank has confirmed that all parties have been and remain fully conscious of obligations under the Data Protection Acts and the Central Bank and Credit Institutions (Resolution) Act 2011 and continue to comply with all such obligations.

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