Oireachtas Joint and Select Committees
Wednesday, 13 December 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Credit Servicers Directive: Discussion
Mr. Edmund Honohan:
Yes. The directive says this system should be in operation. It does not say the Central Bank should use soft law to nudge people into doing the right thing. It says that the State shall oblige lenders to offer foreclosure.
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