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Seanad
‹ Order of Business (Resumed)

Mortgage arrears code

Summary

Senator Conway seeks a measured debate and review of the Central Bank mortgage-arrears code, which he says weakens protections; he rejects the proposed amendment as opportunistic.

It is totally frustrating to see the Central Bank release the handcuffs on these financial institutions. Will the Leader schedule a debate specifically on the code of conduct to ensure the bank reflects what the Government and the people want?

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The Senator would have it today if he supported me.

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I will not support the amendment because it is political opportunism. I am calling for a measured and meaningful debate on the code of conduct, which should be reviewed after three months.

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