Rose Conway Walsh (Sinn Fein) | Oireachtas source

The high level of NPLs should not be used as an excuse. The Senator is bringing the NPLs into it. It should not be to reduce customers' rights. The Bill was sold to us as covering the owners of the credit and it is not doing that, which is what really concerns me. Credit servicing firms are already covered and this is what is confusing about the Bill. As what the Senator is describing is already the case, what is the Bill supposed to be regulating if it is not regulating the owners? The owners are the people behind the scenes. When the Senator says that as soon as they become active they are not passive any more and then they are regulated, how do we know how active they really are?