72. Deputy Jerry Buttimer asked the Minister for Finance if his attention has been drawn to the implications of the Central Bank Act 2013 on bank mediation particularly in relation to personnel who do not deal with clients' money and simply negotiate with the financial institution on behalf of a stressed borrower; if his further attention has been drawn to the fact that the legislation is treating those persons in a similar way to debt payment companies and consequential compliance and audit associated with this category of mediator; if he will review matters due to the service to consumers that is required for many persons in these difficult financial times; and if he will make a statement on the matter. [40154/13]

Summary

72. Deputy Jerry Buttimer asked the Minister for Finance if his attention has been drawn to the implications of the Central Bank Act 2013 on bank mediation particularly in relation to personnel who do not deal with clients' money and simply negotiate with the financial institution on behalf of a stressed borrower; if his further attention has been drawn to the fact that the legislation is treating those persons in a similar way to debt payment companies and consequential compliance and audit associated with this category of mediator; if he will review matters due to the service to consumers that is required for many persons in these difficult financial times; and if he will make a statement on the matter. [40154/13]

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• Debt Management Services

  xml · EN · 26 September 2013

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