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
The code sets down many conditions to do with contact with mortgage holders, etc., with which the Deputy will be familiar. At all times, under Irish contract law, the mortgage itself, which remains subject to the laws of Ireland, and the credit servicing firm will be regulated by the Central Bank. We are not interfering with that.
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