Bernard Durkan (Kildare North, Fine Gael) | Oireachtas source

Mr. Honohan left nobody out. However, to turn to the next question, we have a situation whereby the Central Bank was saying these incoming finance companies, vulture funds or whatever were not subject to the Central Bank rules and that they would be sooner or later and so on and so forth. Initially, the Central Bank was saying it had no control over them. At times over the past year, however, the Central Bank has asserted that it does have control and that the vulture funds do have to have regard to the procedures and conditions applicable when a loan was first issued by the original lender. Is that correct?