Oireachtas Joint and Select Committees

Wednesday, 13 December 2023

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

Credit Servicers Directive: Discussion

Photo of Mattie McGrathMattie McGrath (Tipperary, Independent) | Oireachtas source

I tabled a parliamentary question on that matter to the Minister for Finance some weeks ago. The answer I got back as vague. The Minister is going to sign the directive, but, as I said, the answer is vague. Mr. Honohan can make of that what he will.

I have listened to Mr. Honohan here on Zoom because I was outside at another meeting. How would he view the current position of the Irish courts when assessing or making decisions in cases involving banks, vulture funds and debtors, some of whom are in mortgage arrears? Is it a fair system at the moment or is the system totally skewed in favour of the vulture funds or the banks?

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