Debt register plan stalled by privacy fears
Michael Noonan admitted “exact timing of the making of the final regulations remains to be finalised"
Data protection concerns have pushed back the introduction of a long-awaited central credit register, The Sunday Business Post understands.
Legislation providing for the establishment of a central credit register was enacted in 2013, paving the way for a database of all debts to be set up.
However, the establishment of the debt database, which would be populated by data supplied by lenders, has been marred by repeated delays since then.
In February, a ...
