70. Deputy Ged Nash asked the Minister for Finance the reason the Central Bank has been routinely renewing the licences of moneylenders annually for the past 17 years, including licences with associated interest rate charges of as high as 187%; his views on whether the Central Bank’s actions in approving these charges annually is consistent with its consumer protection role; and if he will make a statement on the matter. [35553/20]

Summary

70. Deputy Ged Nash asked the Minister for Finance the reason the Central Bank has been routinely renewing the licences of moneylenders annually for the past 17 years, including licences with associated interest rate charges of as high as 187%; his views on whether the Central Bank’s actions in approving these charges annually is consistent with its consumer protection role; and if he will make a statement on the matter. [35553/20]

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• Consumer Protection

  xml · EN · 11 November 2020

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