Oireachtas Joint and Select Committees

Wednesday, 25 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Matters Relating to the Economy: Discussion with Governor of Central Bank

2:40 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

That is what happened. There is no definition from the consumer perspective. The Central Bank has a function, from the perspective of consumer protection, to give those in mortgage arrears a clear definition of a sustainable solution, and they have a right to a solution where they meet required criteria. Why has that not happened?

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