Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Committee Stage
5:15 pm
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
We are not talking about general regulation here. Let us go back to first principles. The purpose of this Bill is to extend to portfolios of loans that have been purchased the same code of conduct for mortgage arrears that is now applied by the Central Bank to the banks and building societies that we have been familiar with over the years. That is the regulatory space.
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