Oireachtas Joint and Select Committees
Wednesday, 3 December 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion
2:20 pm
Tom Barry (Cork East, Fine Gael)
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I raised it because there were a lot worried people over that.
If an institution is in the process of transferring to a third party which is unregulated, is there any provision to ensure it informs its customers well in advance so they could take other actions. These deals do not happen overnight.