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Protection of Residential Mortgage Account Holders Bill 2014: Second Stage [Private Members] (4 Mar 2014)

Fergus O'Dowd: ...raised by the sale of loans books by regulated entities to entities that are not regulated. I consider this an opportune and timely intervention given the context of the upcoming sale of the IBRC loan book. I am fully aware of the concern among mortgage account holders that they could lose the protection of the Central Bank's code of conduct on mortgage arrears. The sale of loan books...

Bond Repayments: Motion [Private Members] (26 Nov 2013)

Fergus O'Dowd: ...Collins's challenge to the promissory note payments, a case that was taken against the Minister for Finance and the Attorney General. The plaintiff sought in these proceedings to challenge the lawfulness of providing public funding to IBRC and EBS in the form of promissory notes. The plaintiff also challenged the lawfulness of the subsequent issuing of long-term Government bonds to the...

Promissory Notes: Motion (Resumed) (25 Jan 2012)

Fergus O'Dowd: ...is evolving and that developments in this respect may provide opportunities for the State to revisit certain matters, including the cost to the State of the Irish Bank Resolution Corporation, IBRC, arrangements that were entered into by the previous Government. As an independent State, Ireland has taken the initiative to deal with its problems. The Government has taken the hard decisions...

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