Oireachtas Joint and Select Committees
Tuesday, 29 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Resolution of Non-Performing Loans: Discussion (Resumed)
4:00 pm
Mr. Brian Corr:
The dates for the directive, which are written into the directive but which are not necessarily agreed, are that it is to be transposed by 31 December 2020 for implementation on 1 July 2021. The period between the two dates allows for the supervisors to authorise the credit servicers who might not be authorised in their own regimes. These dates are in the draft and are by no means fixed.