Ciarán Lynch (Cork South Central, Labour)
Link to this: Individually | In context | Oireachtas source

I will end where we began this afternoon with the completed insolvency legislation and the awaited results for mortgage borrowers who were beyond the pale in terms of being rescued. I will repeat the request to Professor Honohan. By the first quarter of this year, I will be asking him for some report on what monitoring has been carried out by the Central Bank in that area and what level of engagement, and if possible enforcement, has gone on between the Central Bank and the banks to ensure that they are engaging with the personal insolvency legislation. I will be formally asking Professor Honohan to give us some indication and update on how mortgage debt is being dealt with in the first quarter.