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Credit Unions Regulation

Dáil Éireann Debate, Thursday - 24 October 2013

Thursday, 24 October 2013

Ceisteanna (72)

Jack Wall

Ceist:

72. Deputy Jack Wall asked the Minister for Finance the position regarding a submission (details supplied) from Newbridge Credit Union; if any meetings have taken place or are planned regarding the submission; and if he will make a statement on the matter. [45451/13]

Amharc ar fhreagra

Freagraí scríofa

Following on from a meeting with Newbridge Credit Union Action Group on 19 September, it was agreed that on receipt of an alternative proposal from the Action Group, it would be communicated to the Central Bank with a view to examination of the proposal and a meeting being arranged between the Central Bank and the Action Group. The Action Group recently submitted a document entitled 'Alternative Proposal regarding Newbridge Credit Union Limited' and I have referred the proposal to the Governor of the Central Bank for examination as agreed and the Action Group has been informed of this. This matter is currently being considered by the Central Bank.

Question No. 73 answered with Question No. 68.
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