PQ 327
327. Deputy Thomas Pringle asked the Minister for Finance for an update on his intentions to commence certain provisions of the Credit Union and Co-operation with Overseas Regulators Act 2012, as part of the Consultation Paper 88 issued by the Central Bank which is to be enacted by 1 January 2016; if he is aware of the concerns raised by members of credit unions, such as the imposition of a €100,000 cap and lending restrictions, and the regulatory reserve ratio, which ultimately restrict credit unions' involvement in important social issues, such as funding social housing; and if he will make a statement on the matter. [38114/15]
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3 November 2015
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3 November 2015
Summary
327. Deputy Thomas Pringle asked the Minister for Finance for an update on his intentions to commence certain provisions of the Credit Union and Co-operation with Overseas Regulators Act 2012, as part of the Consultation Paper 88 issued by the Central Bank which is to be enacted by 1 January 2016; if he is aware of the concerns raised by members of credit unions, such as the imposition of a €100,000 cap and lending restrictions, and the regulatory reserve ratio, which ultimately restrict credit unions' involvement in important social issues, such as funding social housing; and if he will make a statement on the matter. [38114/15]
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Credit Unions
Credit Unions
xml · EN · 3 November 2015
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- Official source: https://www.oireachtas.ie/en/debates/question/2015-11-03/327/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2015-11-03/pq_327