Oireachtas Joint and Select Committees

Wednesday, 8 March 2023

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

Investment Funds: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I refer to the cases MABS is dealing with in terms of the nonbank vultures and those experiences and difficulties there, including some entity writing out to a client and excluding MABS from that process. Has MABS got a channel to Central Bank of Ireland in relation to that? The Central Bank is supervising these entities now and keeping a closer eye on them. It sent out the "Dear CEO" letters to all of them. We expect some statistics coming from them later on this week. Does MABS have a channel into that?

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