Mick Wallace (Wexford, Independent) | Oireachtas source

Mr. O'Connor stated that creditors were not working within the spirit of the legislation. He also stated:

While acknowledging that there is no legislative obligation on the creditor to provide this clarity [on their engagements], I am disappointed that the banks have not given this clarity. I believe therefore it should become compulsory.

Mr. O'Connor will find plenty of agreement at this committee that the banks are behaving abysmally.

Deputy Daly raised a point about it taking the best point of two years to get anything done in the Oireachtas. Is there a faster way of making the provision of clarity compulsory than through publishing a Bill, tabling amendments to it, taking it through the system and putting it in place in two years' time? Has the ISI discussed this matter with the Department of Justice and Equality?