Joint Committee Report on Regulatory Oversight of Neobanks (data.oireachtas.ie)

• 12 recommendations on fraud, customer service, and crypto regulation.
• Calls for mandatory fraud reimbursement scheme and shared fraud database.
• Concerns over neobank customer service and deposit guarantee parity.
• Engagement with Central Bank, BPFI, and Revolut highlighted digitalisation risks.

"The Joint Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach published a report on 28 May 2026 on the regulatory oversight of neobanks in Ireland. The report makes 12 recommendations, including enacting the National Economic Crime Strategy, resourcing Gardaí for fraud, introducing mandatory fraud reimbursement, improving financial literacy, regulating crypto assets, and setting statutory customer service standards for digital financial firms. The Committee heard from the Central Bank, BPFI, and Revolut, and raises concerns over fraud, customer service, and data monetisation."