Dara Calleary (Mayo, Fianna Fail)
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Question 29: To ask the Minister for Finance when he intends to regulate firms that provide debt management advice and household budgeting services to customers; and if he will make a statement on the matter. [9893/12]

Michael Noonan (Limerick City, Fine Gael)
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I confirm that it is my intention to bring forward of legislation to provide for the regulation of debt management advice and household budgeting services.

I have asked my officials to prepare the necessary legislation which, subject to Government approval, will be introduced as a Committee Stage amendment to the Central Bank (Supervision and Enforcement) Bill 2011.