Oireachtas Joint and Select Committees

Wednesday, 3 December 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion

2:20 pm

Photo of Tom BarryTom Barry (Cork East, Fine Gael) | Oireachtas source

I raised it because there were a lot worried people over that.

If an institution is in the process of transferring to a third party which is unregulated, is there any provision to ensure it informs its customers well in advance so they could take other actions. These deals do not happen overnight.

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