Oireachtas Joint and Select Committees
Thursday, 10 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with the Central Bank of Ireland
9:30 am
Professor Philip Lane:
We have had this exchange before. The credit servicing firms are regulated in the conduct of business with customers. That is where it takes place. I agree that decisions are made by the ultimate loan owner. That decision-making happens in the context of the Irish legal system. If it is legal, perhaps the Deputy's context needs to be elaborated on for me. What would change within the legal framework if we were to regulate the-----
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