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Proposed Legislation

Dáil Éireann Debate, Thursday - 4 October 2012

Thursday, 4 October 2012

Ceisteanna (52)

Patrick O'Donovan

Ceist:

52. Deputy Patrick O'Donovan asked the Minister for Finance his plans to bring forward legislation or regulations to control debt management agencies and advisors; and if he will make a statement on the matter. [41255/12]

Amharc ar fhreagra

Freagraí scríofa

The Government is committed to having in place an effective regulatory/supervisory system for those firms which provide a debt management and/or a debt advice service. I have received Government approval to bring forward an amendment, at the Committee Stage, of the Central Bank (Supervision and Enforcement) Bill 2011 to provide for a regulatory regime for debt management and debt advice companies.

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