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Dáil
‹ Ceisteanna ar Reachtaíocht a Gealladh - Questions on Promised Legislation

Lending code reform

Summary

Deputy Durkan asks whether promised Central Bank legislation could extend a code of conduct to all lending agencies involved in repossessions. The Tánaiste says the matter, including moneylenders, is under review in the Department of Finance.

Bernard Durkan Deputy Bernard J. Durkan Fine Gael

On the issue raised by Deputy Pearse Doherty, will the Tánaiste comment on whether it would be possible, through an amendment to the promised legislation on the Central Bank or otherwise, to encourage the creation of a code of conduct applicable to primary and secondary lending agencies that are in the course of repossessing large tracts of household property all over the country, which is exacerbating the serious housing problem?

Comment on this
Simon Coveney The Tánaiste Fine Gael

That matter is under review by the Department of Finance, as is the issue of moneylenders. I suspect, therefore, that the Minister of Finance will revert to the Deputy.

Comment on this