Oireachtas Joint and Select Committees

Thursday, 2 March 2023

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

Debt Write-down and Debt Resolution Policies: Allied Irish Banks

Photo of Marie SherlockMarie Sherlock (Labour) | Oireachtas source

I appreciate that, but a market has now developed in the context of what I might call unregulated financial advisers. The latter attempt to mediate with banks regarding debt and to negotiate individual write-downs. I am very concerned that AIB, as a regulated entity, would engage with any unregulated entity in that write-down process.

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