Oireachtas Joint and Select Committees
Wednesday, 26 February 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Sale of IBRC Mortgage Loan Book: Discussion
3:20 pm
Mr. Antoine Mac Donncha:
If it was a lender from outside the State, which was issuing credit into the State, that would be regulated by the Central Bank but if someone has purchased a loan book and is not a regulated financial service provider, there are other service providers in the market who are not regulated financial service providers and who are in the business of managing those sort of loan books but they do not fall under the regulation of the Central Bank.