Oireachtas Joint and Select Committees
Thursday, 8 December 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland
9:30 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
If policy, lending practice and interest rates are dictated to the intermediary managing the loans on behalf of the vulture fund and an issue arises, the Central Bank can deal with the representative or agency in Ireland but cannot enforce any of the codes against the vulture fund.
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