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Mortgage Lending

Dáil Éireann Debate, Thursday - 4 December 2014

Thursday, 4 December 2014

Questions (78)

Michael McGrath

Question:

78. Deputy Michael McGrath asked the Minister for Finance if the Central Bank of Ireland has indicated that there will be a delay to the introduction of the rules regarding mortgage lending which are due to come in to effect on 1 January 2015; and if he will make a statement on the matter. [46721/14]

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Written answers

The introduction of macro prudential measures is an independent matter for the Central Bank. The consultation period on the Central Bank's macro prudential proposals for residential mortgage lending ends on 8 December next and the Central Bank has informed me that it hopes to be in a position to announce a finalised set of regulations soon after that date depending on the complexity of the responses received.

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