Mr. Antoine Mac Donncha:

The concern is that, if we went in the wrong direction and targeted the legal owner, which could easily be a shell company, often one with no employees, the consumer would not benefit. Consumers have no interaction with the owner. I do not know to what extent they will have an awareness of the shell company. Members heard about the number of such companies. It is not practical to try to identify and target which vehicle has acquired a consumer's loan. We have focused on the person who interacts with the consumer and actively services the loan.