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 second letter I got from the Governor of the Central Bank was dated 20 March, and I thought I would read this out. He says that the question of the conclusive ownership of assets after a true sale securitisation must be assessed on a case-by-case basis. That is an interesting piece of information. Did the Central Bank ever tell the judges that? They have been operating on an entirely different basis.
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