Ms Isolde Goggin:

We would have concerns in the sense of ensuring that people have the same protections regardless of who owns the loans or from whom they are renting.

I meant to revert to the Senator regarding the Danish model. We are not proposing that the whole system be changed overnight. Rather, we are proposing that there be capacity within the system, particularly through the Central Bank and the Department of Finance, to undertake pilot schemes on these ideas and see how they work. For instance, the Financial Conduct Authority in the UK has a scheme that it calls a regulatory sandbox whereby someone can try something without contaminating the rest of the system. That was the context in which we were examining some of the other models.

The rental property issue has not appeared on our radar, but we would be interested in hearing from the Senator if it has appeared on his or if there are issues for consumers.