Oireachtas Joint and Select Committees
Wednesday, 26 March 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Draft Heads of Central Bank Bill 2014: Department of Finance
4:05 pm
Pearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source
What will happen when ICS transfers its mortgage and home loan assets to Bank of Ireland? There is potential for an unregulated third party to purchase those loans, in which case we will have a repeat of what is already under way in terms of mortgage holders no longer being protected by the Financial Ombudsman and the code of conduct on mortgage arrears. Has that issue been considered or is it not relevant to the current discussion?