46. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which adequate controls exist to ensure unregulated third parties purchasing loan books from financial institutions are not allowed to ignore the individual family circumstances in the course of the pursuit of mortgage arrears, with particular reference to the likelihood of an exacerbation of an already serious housing crisis, in view of the fact there is no obligation for such venture capitalists to disclose their profits in individual cases; and if he will make a statement on the matter. [41582/16]

Summary

46. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which adequate controls exist to ensure unregulated third parties purchasing loan books from financial institutions are not allowed to ignore the individual family circumstances in the course of the pursuit of mortgage arrears, with particular reference to the likelihood of an exacerbation of an already serious housing crisis, in view of the fact there is no obligation for such venture capitalists to disclose their profits in individual cases; and if he will make a statement on the matter. [41582/16]

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Timeline

1. 17 January 2017

   Financial Services Regulation

   46. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which adequate controls exist to ensure unregulated third parties purchasing loan books from financial institutions are not allowed to ignore the individual family circumstances in the course of the pursuit of mortgage arrears, with particular reference to the likelihood of an exacerbation of an already serious housing crisis, in view of the fact there is no obligation for such venture capitalists to disclose their profits in individual cases; and if he will make a statement on the matter. [41582/16]

   Source: written

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• Financial Services Regulation

  xml · EN · 17 January 2017

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• Durkan, Bernard J. · Asking member
• Finance · Finance · Addressed to

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