8 Iúil 2014, 18:38
The Oireachtas Joint Committee on Public Service Oversight and Petitions will tomorrow afternoon consider a petition in relation to the strict professional secrecy provisions in the Central Bank Act 1942.
8 July 2014
Alan Jackman, who made the petition, will address the Committee.
Chairman of the Committee Pádraig Mac Lochlainn TD says: “Tomorrow, the Committee will have an opportunity to hear from an individual citizen Alan Jackman, who has made a petition in relation to the secrecy provisions in Central Bank legislation. At the heart of the petition is a call for greater transparency in the management of our financial system. The petition argues that the investigations undertaken by the Financial Regulator, including a sanction inquiry hearing, should be made more public.
“The Committee is concerned, as part of its public oversight remit, that the updating of the financial legislation, particularly in relation to the Financial Ombudsman, has not yet been completed. The Committee is also aware of the call by the Finance Committee, in a recent report on FOI legislation, to examine and update these professional secrecy provisions as a matter of urgency. With public confidence in our banking system low following the financial crisis of recent years, the Committee looks forward to exploring the merits of Mr Jackman’s petition in detail at tomorrow’s meeting.”
The meeting takes place tomorrow Wednesday 9 July in Committee Room 3, LH 2000 at 4 pm. Public proceedings can be viewed live on Oireachtas UPC Channel 207 and online here.
Committee proceedings can also be viewed on the move, through the Houses of the Oireachtas Smartphone App, available for Apple and Android devices.
Get involved and access petitions website.
Media enquiries to:
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Houses of the Oireachtas,
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Committee Membership
Deputies:
Richard Boyd-Barrett, Independent
Noel Harrington, Fine Gael
Michael Healy-Rae, Independent
Seamus Kirk, Fianna Fáil
Michael P. Kitt, Fianna Fáil
Pádraig MacLochlainn (Chairman), Sinn Fein
Helen McEntee, Fine Gael
Michelle Mulherin, Fine Gael
Derek Nolan (Vice-Chair), Labour
Patrick O'Donovan, Fine Gael
Aengus Ó Snodaigh, Sinn Féin
Sean Kenny, Labour
John Halligan, Independent
Jack Wall, Labour
Senators:
Trevor Ó Clochartaigh, Sinn Féin
Jimmy Harte, Labour
Tony Mulcahy, Fine Gael
Susan O’Keeffe, Labour
Ned O'Sullivan, Fianna Fáil