Dáil Éireann Debate, Thursday - 8 September 2022
646. Deputy Joe McHugh asked the Minister for Housing, Local Government and Heritage further to Parliamentary Question No. 627 of 26 July 2022, if he will elaborate on the specifics of the ongoing engagement with the Banking and Payments Federation relating to issues raised by the Defective Concrete Blocks homeowners; and if he will make a statement on the matter. [43726/22]
View answerOversight of the financial institutions is outside the scope and remit of my Department but I did write to the Minister for Finance on these matters.
The Minister for Finance advised that neither he nor his Department have any role in relation to the commercial decisions of individual regulated entities, such as decisions they may make on applications for credit, or in respect of individual actions they may take to assist households with a mortgage which is secured on a residence affected by mica or pyrite.
Notwithstanding this I can confirm that engagement is on-going with the Banking and Payments Federation on specific issues raised by Defective Concrete Block homeowners to see what can be done to address their concerns.I can confirm engagement with the Banking and Payments Federation is ongoing.
