Oireachtas Joint and Select Committees
Wednesday, 25 June 2014
Joint Oireachtas Committee on Justice, Defence and Equality
The Benefits of e-Conveyancing: Discussion
12:05 pm
Anne Ferris (Wicklow, Labour) | Oireachtas source
I thank Mr. Dorgan for his reply because it is very good news for consumers and should be highlighted. I have a question with regard to the Irish Banking Federation which I regret it has not sent any delegates to appear before the committee although it sent in a submission. In their submissions Mr. Treacy and Mr. O'Sullivan mentioned that a working group comprising equal representation from the Property Registration Authority, the Law Society and the Irish Banking Federation is being formed to design the process for these new services. I did a little research on this issue because I knew it was coming up. I have a concern, which I would have put to the Irish Banking Federation had it come us. Do the witnesses feel the Irish Banking Federation is as on board as everybody else with regard to e-conveyancing? If it is not on the same line as everybody else it will cause problems because the banks are the lenders and are pivotal to it working. The vibes I am getting are that the banks are not as much on board as the other agencies. Perhaps all of the witnesses would like to comment on this.
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