Martin Conway (Fine Gael) | Oireachtas source

I fully support the amendment which makes eminent sense. Just about an hour ago, I had a conversation with Mr. David Duffy, the chief executive officer of AIB, who attended an internal Fine Gael meeting. I spoke to him afterwards and it would appear that AIB is already setting up processes for engaging with these personal insolvency agents. It is a good thing that such an initiative is taking place before the legislation is enacted and becomes active. At least, these institutions are putting procedures in place to make this work. It appears, certainly in the case of AIB, that there is a commitment to ensure that this legislation works.

In the UK, mortgage brokers who became agents, similarly to what is being proposed here, did not quite work out. It was not as successful as it should have been.