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
Simon Harris (Wicklow, Fine Gael) | Oireachtas source
The Department has discussed it with the Central Bank and is happy the Central Bank will have all the powers it requires under the existing framework in the example the Deputy cited. We have that assurance. The essence of the Bill is to ensure the Irish consumer has the same level of protection he or she had before the loan book was sold, which will be the case.
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