Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

They will not be unregulated by virtue of this legislation.

They are regulated in this way. I am using the phrase "private equity firms". I will keep a close eye on how these companies and units operate because I want to ensure they are respecting their commitments to people. The loans to which we are referring are contingent on what happens to people's homes, of which I am always aware. The majority of the funds are providing for investment in the State to fund commercial construction which we all acknowledge is happening. That means that Irish banks are not the main source of such credit. That is an important objective for the economy to realise.