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Credit Unions

Dáil Éireann Debate, Thursday - 22 September 2022

Thursday, 22 September 2022

Ceisteanna (147)

Michael Moynihan

Ceist:

147. Deputy Michael Moynihan asked the Minister for Finance if he will report on his recent engagement with the credit unions; and if he will make a statement on the matter. [46280/22]

Amharc ar fhreagra

Freagraí scríofa

Since January 2022, Minister of State Fleming, who has responsibility for credit unions, has held or attended 22 meetings and events with various credit union stakeholders including the Representative Bodies, the Credit Union Advisory Committee and individual credit unions.

He has also spoken at the AGMs of the Irish League of Credit Unions, the Credit Union Development Association and the Credit Union Managers Association and the at National Supervisors Forum Summer Forum.

In March Minister Fleming met with all the credit union representative bodies who broadly supported the proposals emanating from the Programme for Government Review of Policy Framework. The Review is now complete and in July the Government approved the drafting of legislation to implement the proposals. This legislation has received priority status for publication in the Dáil’s autumn session.

Separately, Department Officials from the Credit Union Policy Team have very regular engagement with sector stakeholders, including quarterly stakeholder roundtables, the most recent of which took place this month. They also act as secretariat to the Credit Union Advisory Committee, which meets on a monthly basis.

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