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

2:10 pm

Mr. Kieran Wallace:

As far as I understand it, the Central Bank would classify the bidders. The names are not known but the majority of the bidders we would be talking to in respect of the portfolio of loans we are talking about today would be unregulated entities, so it would not be an option for the Central Bank to regulate them.