PQ 161
161. Deputy Marian Harkin asked the Minister for Finance his views on the disincentive for credit unions to hold Government debt, as the reserve requirements in regulation 4(1) of Central Bank Statutory Instrument No. 1 of 2016 applies to Irish Government debt, but retail banks holding government debt is risk weighted at zero, as per article 114(4) of regulation No. 575 of 2013 (Capital Requirements Regulation). [30570/24]
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11 July 2024
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11 July 2024
Summary
161. Deputy Marian Harkin asked the Minister for Finance his views on the disincentive for credit unions to hold Government debt, as the reserve requirements in regulation 4(1) of Central Bank Statutory Instrument No. 1 of 2016 applies to Irish Government debt, but retail banks holding government debt is risk weighted at zero, as per article 114(4) of regulation No. 575 of 2013 (Capital Requirements Regulation). [30570/24]
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Credit Unions
Credit Unions
xml · EN · 11 July 2024
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- Official source: https://www.oireachtas.ie/en/debates/question/2024-07-11/161/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2024-07-11/pq_161