Dáil debates

Tuesday, 23 June 2015

Other Questions

IBRC Mortgage Loan Book

3:55 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael) | Oireachtas source

Yes. The Deputy referred to a company which voluntarily complied with the code of practice. If it voluntarily complied, the Central Bank would ensure compliance. That is on a statutory basis from the time the Bill passes through the Seanad and is signed by the President. If there is a particular issue about a particular mortgage, I ask the Deputy to send it directly to the Central Bank or to send it to me and I will forward it to the Central Bank.

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