Dáil
‹ Questions on Promised Legislation Central Bank consolidation Bill
Summary
Deputy Durkan urged urgency on the promised Central Bank consolidation Bill because of lender pressure on distressed borrowers and homes. The Taoiseach said there was no timeline yet but he would reply in writing.
The Central Bank consolidation Bill has been promised for a considerable time. Would it be possible to lay it before the House with some urgency, given the need to introduce a new code of conduct affecting third party bankers who have taken over many of the banks' distressed loans and are putting extraordinary pressure on borrowers, including through the repossession of family homes?
Comment on this
We do not have a timeline for that legislation at present, but I will come back to the Deputy in writing as soon as I can.