“OFFICIALS FROM Enterprise Ireland and other development agencies are to be sent into the commercial lending sections of the banks to ease and increase the flow of money to small and medium-sized businesses, Minister for Enterprise Mary Coughlan said at the British-Irish Parliamentary Assembly yesterday.”
Is anyone else out there even a little concerned about this proposal above? Surely there are data protection implications which should be governing third parties entering banks and working, even on a sort term basis.
What next? Will we have estate agents starting to work in the banks to help out with mortgage lending practices?
So far this story seems to have sneaked below the radar, as one might say, but I for one think it’s a ridiculous idea that’s too dangerous in its current guise, and in the precedent that it sets, to be allowed go ahead.