Oireachtas Joint and Select Committees

Thursday, 18 October 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Sale of Loans to Unregulated Private Investment Funds: Discussion

9:30 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Does Mr. Stapleton believe that the title "fund" is a misnomer and that effectively these institutions are asset disposal agencies as distinct from funds? In other words, they are borrowing the money to buy the loans and they have to get the money back.

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