merrion street

The consultation period will run from today to 22 August 2014, a period of 5 weeks.

The preferred means of response is by email to: consumer.protection@finance.gov.ie

The mission of the Government is straightforward:

To ensure that borrowers whose loans are sold by a regulated entity to a currently

unregulated entity maintain the same regulatory protections as they had prior to the sale,

including under various Central Bank Codes (including the Code of Conduct on Mortgage

Arrears (CCMA).

The Government is considering options on how best to achieve this. The proposed approach is

through legislation as set out at Annex 1 of the attached and views are now being sought on the proposed draft

legislation and relevant issues.

Read the Public Consultation Paper

.