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

2:50 pm

Mr. Declan Reid:

Typically, what we have seen is that those changes are justified with reference to the broader economic environment so if they did move significantly away from, say, the industry norms, it would be more difficult to justify.