Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

FLAC's opening statement referenced the standard clause in mortgage contracts that enables banks to sell loans on, and suggested that could be challenged under the EU directive on unfair terms in consumer contracts. Is it FLAC's view that this clause, which has not been adjudicated on by the High Court at this stage, could be struck down? We cannot know what the court will decide but is that what FLAC is suggesting?