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

4:00 pm

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

Can I tease out how this will work in practice if, as Mr. Joyce said, the Central Bank has not taken any enforcement action for possible non-compliance with the code of conduct on mortgage arrears against any financial institutions? If an issue did arise in this circumstance the Central Bank would take enforcement action against the service provider.

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