Credit Union Services

Dáil Éireann Debate, Thursday - 30 March 2017

Thursday, 30 March 2017

Questions (150)

Michael McGrath

Question:

150. Deputy Michael McGrath asked the Minister for Finance if the consumer advisory group attached to the consumer protection division of the Central Bank has expressed any concerns regarding the negative impact that the gradual diminution of products and services allowable by credit unions under current regulations might be having on consumers; and if he will make a statement on the matter. [15977/17]

Written answers

Minister for Finance

The role of the Consumer Advisory Group ('CAG') is to advise the Central Bank on the performance of its functions in relation to protecting consumers. I understand from the Central Bank that the CAG has indicated that the matter raised by Deputy McGrath has not been discussed by the group.