Dáil debates

Tuesday, 28 January 2014

5:35 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

That will mean that this cannot be fully ratified until 2015, which will have implications for other European member states, as well as implications for the business sector, but that is a different debate.

The last piece is No.93, which introduces legislation to cater for the sale of loan books by regulated financial institutions to unregulated financial institutions. Is this a typographical error? It states in the list that the Bill is not expected for publication until 2015. The words "horse", "stable", "door" and "bolted" come to mind. These loan books are being sold as we speak by regulated financial institutions to unregulated financial institutions, and people are seriously worried about that. I hope that the Government has plans at least to publish this legislation during this session.

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