100. Deputy Róisín Shortall asked the Minister for Finance if borrowers are entitled to be informed if a transfer of a loan takes place; if a physical transfer paper trail in keeping with the Central Bank code of transfers for mortgages needs to be maintained in line with section 8(h) of the Data Protection Acts 1988 and 2003, which provides that consent of the data subject is required for a transfer of data; if he has satisfied himself that these rules are being adhered to by banks dealing with mortgages that are in arrears of have been foreclosed; and if he will make a statement on the matter. [52292/17]

Summary

100. Deputy Róisín Shortall asked the Minister for Finance if borrowers are entitled to be informed if a transfer of a loan takes place; if a physical transfer paper trail in keeping with the Central Bank code of transfers for mortgages needs to be maintained in line with section 8(h) of the Data Protection Acts 1988 and 2003, which provides that consent of the data subject is required for a transfer of data; if he has satisfied himself that these rules are being adhered to by banks dealing with mortgages that are in arrears of have been foreclosed; and if he will make a statement on the matter. [52292/17]

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Timeline

1. 6 December 2017

   Banking Sector Regulation

   100. Deputy Róisín Shortall asked the Minister for Finance if borrowers are entitled to be informed if a transfer of a loan takes place; if a physical transfer paper trail in keeping with the Central Bank code of transfers for mortgages needs to be maintained in line with section 8(h) of the Data Protection Acts 1988 and 2003, which provides that consent of the data subject is required for a transfer of data; if he has satisfied himself that these rules are being adhered to by banks dealing with mortgages that are in arrears of have been foreclosed; and if he will make a statement on the matter. [52292/17]

   Source: written

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• Banking Sector Regulation

  xml · EN · 6 December 2017

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Sponsors

• Shortall, Róisín. · Asking member
• Finance · Finance · Addressed to

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