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
5:00 pm
Ms Niamh Murphy:
The reviews are in place at the request of the Central Bank to make sure an oversight provision is in place. If something is working and the arrangement is sustainable, there is no reason to review it as long as payments continue to be made. I do not think anyone is looking to try to take a review process and to use it as a way of undermining what has already been agreed.