Dáil debates

Thursday, 23 May 2013

11:00 am

Photo of Eamon GilmoreEamon Gilmore (Dún Laoghaire, Labour) | Oireachtas source

The Central Bank report contains the same information as was made public in March. This is the information pertaining to 2012. Many things have happened since the end of 2012, such as the introduction of the personal insolvency legislation, with the result that the Personal Insolvency Service will be up and running by the end of June. Targets have now been set for the banks to make resolution offers to people in mortgage distress. The target has been set that 50% of those in mortgage arrears will be made resolution offers by the end of this year. Considerable progress has already been made in respect of the mortgage arrears issue since the period to which that report applied.

The Central Bank (Supervision and Enforcement) Bill is awaiting Report Stage. ThePublic Health (Tobacco) (Amendment) Bill is on Committee Stage in the Seanad. In reply to Deputy Martin's question, the Government meets with industry representatives at different levels as this is part of the normal work of government-----

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