Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Let us park the ombudsman for one minute. This is about the Central Bank looking at regulating firms. The 2018 Act, which took effect in 2019, includes the loan owners, which the Central Bank now regulates, if they hold legal title and manage and administer the overall strategy. What we are now hearing is that the vulture funds, to ensure they are not regulated by the Central Bank, are transferring legal title to credit servicing firms. Is the Central Bank hearing that? Is that the case?