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

4:10 pm

Photo of Arthur SpringArthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source

We addressed many of the relevant issues with the representatives from the Department earlier. However, Ms Blackwell highlighted the fact that here appears to be some uncertainty regarding how this is going to work in the context of financial institutions and the original borrowers and lenders. Will Ms Murphy or Mr. Crowley comment on the level of satisfaction among the financial institutions at present in terms of how this is going to work?

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