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:

It would usually have done due diligence. It would have gone into a data room and gone through it. I understand some of the earlier transfers of performing and non-performing loans were done on the basis of English lawyers being brought over to look into Irish banks' data rooms, so there is a certain element of checking.

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