Dáil debates

Thursday, 9 October 2014

12:35 pm

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

A number of lending agencies have had their loan books sold to third parties, some of which are regulated and others of which are not. Following this sale, there appears to be a difference in the procedure being followed which does not appear to be in accordance with the guidelines laid down by the Department of Finance and the Central Bank, as well as the Taoiseach and the Tánaiste in this House. Can the Tánaiste indicate when the relevant legislation governing the sale of loan books to unregulated third parties will be introduced?

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