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

2:40 pm

Mr. Antoine Mac Donncha:

The same codes will continue to apply. Such an institution will have the same scope as a regulated firm to make some change to the interest rates here. In circumstances in which a regulated firm cannot do so, equally one of these institutions will not be able to do so.