Stephen Donnelly (Wicklow, Independent) | Oireachtas source

-----with Bank of Ireland being a notable outlier. They have said that there is no co-operation between the banks. They have said that there is too much red tape in the insolvency process. They have said that there is too much red tape in other parts of the system, such as the second code of conduct on mortgage arrears. That is why a system-wide review is needed. We are not talking about a big and expensive review. We are talking about a review that would take a few weeks and could be run by two or three people. It would bring the stakeholders together, identify various issues and join up the dots in a way that is not happening at present. The people who are involved in this sector on the ground every day are saying that a such review, which would systematically identify the problems in the system, would be hugely beneficial. On the basis that such a review would cost very little and would provide incredibly valuable information to the Oireachtas and the Cabinet, and given that the social problems associated with this issue are so big, would it not be reasonable for the Government to conduct a short, sharp review to get this information?

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