Dáil debates

Thursday, 23 June 2016

Ceisteanna - Questions - Priority Questions

Financial Services Regulation

5:45 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

3. To ask the Minister for Finance if he is concerned at the manner in which commercial loans are being offered for sale and are being actually sold by non-bank entities and the fact that commercial loans can now be bought by private citizens and by persons in business who may be competing with the borrower concerned; if he will make changes in this area to ensure that loans can only be sold to regulated entities with a banking licence; and if he will make a statement on the matter. [17750/16]

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