Gerry Horkan (Fianna Fail) | Oireachtas source

The opening statement reads: "The enactment of this Bill will not offer new or existing borrowers any additional regulatory consumer protection and it could have negative consequences for the functioning of the mortgage market", which the witness has outlined. Are the witnesses saying there is no single benefit for an individual borrower from this legislation? There is nothing in it for them at all. We understand that it annoys banks.