State criticised over financial merger

An expert panel appointed to advise the Financial Regulator on policy has criticised the government for its handling of the proposed merger of the Central Bank and the Financial Regulator.

Ian Kehoe - avatar

Ian Kehoe

9th May, 2009

An expert panel appointed to advise the Financial Regulator on policy has criticised the government for its handling of the proposed merger of the Central Bank and the Financial Regulator.

The Financial Services Consultative Industry Panel told the government it w as concerned about the lack of consultation in relation to the proposed Central Banking Commission, which it described as the ‘‘most significant current issue on the industry agenda’’.

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