Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source

I am not sure that the Deputy's legislation will actually do that. I refer the Deputy to the detailed parliamentary question that the Minister, Deputy Donohoe answered on this issue last week which is a useful piece of information. I repeat the point that whether one is a financing agency which has purchased a distressed loan book, or a bank in Ireland, one is subject to the same codes and rules, enforced by the Central Bank, that are there to protect consumers in both circumstances.

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