Controls must not ‘dampen the competitive atmosphere’, according to Eimer O’Rourke, Irish Banking Federation director of retail banking
The retail banking sector and regulators face a tough juggling act, with a leading industry representative saying that regulation needs to hit the right balance between meeting the needs of consumers and financial institutions.
According to Eimer O’Rourke, director of retail banking with the Irish Banking Federation, excessive regulation can sometimes hinder competition....
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