Brendan Burgess
Founder
- Messages
- 52,177
[FONT="]Question 1: [/FONT][FONT="]Which of the tools or combination of tools available to the Central Bank would, in your opinion, best meet the objective of increasing resilience of the banking and household sectors to shocks in the Irish property market and why?[/FONT]
[FONT="]Question 2: [/FONT][FONT="]Do you agree that the measures should apply to all lending secured by[/FONT] [FONT="]residential property (which will include lending on property outside the State)?[/FONT]
[FONT="]Question 3: [/FONT][FONT="]Do you agree with the exemptions set out? Are there any additional exemptions which you consider appropriate, taking into account the objectives of the proposal and the balance between the benefit of any exemptions and the resulting[/FONT] [FONT="]increase in potential for unintended consequences?[/FONT]
[FONT="]Question 4: [/FONT][FONT="]If there are any significant operational difficulties envisaged by regulated financial services providers in complying with the measures as outlined above and in the draft Regulations (Annex 1) and the proposed exemptions, please submit brief details of same.[/FONT]
[FONT="]Question 5[/FONT][FONT="]: Should some adequately insured mortgages with higher LTVs be exempted[/FONT] [FONT="]f[/FONT][FONT="]rom the measures and if so what should be the criteria for exemption?[/FONT]
[FONT="]Qu[/FONT][FONT="]estion 6: [/FONT][FONT="]Do you agree that the measures should apply to all lending secured by residential property (which will include lending on property outside the State)?[/FONT]
[FONT="]Question 7: [/FONT][FONT="]Do you agree with the exemptions set out? Are there any additional exemptions which you consider appropriate, taking in to account the objectives of the proposal and the balance between the benefit of any exemptions and the resulting[/FONT] [FONT="]increase in potential for unintended consequences?[/FONT]
[FONT="]Question 8: [/FONT][FONT="]Do you consider restrictions on loan-to-income ratios as suitable for buy-to- let mortgages? What impact would a restriction on such loan-to-income ratios have on buy-to-let lending in the State?[/FONT]
[FONT="]Question 9: [/FONT][FONT="]If there are any significant operational difficulties envisaged by regulated financial services providers in complying with the measures as outlined above and in the draft Regulations (Annex 1) and the proposed exemptions, please submit brief details of same. [/FONT]
[FONT="]Question 10: [/FONT][FONT="]What unintended consequences do you see from the proposed measures and how could these be avoided?[/FONT]
[FONT="]Question 11: [/FONT][FONT="]Is the threshold of €50 million over 2 quarters an appropriate threshold and[/FONT] [FONT="]time period for reporting requirements? If not, please indicate a threshold you believe to be appropriate and provide reasons why you believe this is the case.[/FONT]
[FONT="]Question 12: [/FONT][FONT="]Are there any significant obstacles to compliance by regulated financial[/FONT] [FONT="]se[/FONT][FONT="]r[/FONT][FONT="]v[/FONT][FONT="]ices providers with the limits?[/FONT]
Q[FONT="]u[/FONT][FONT="]estion 13: [/FONT][FONT="]Please provide comments on the following draft Regulations.[/FONT]
[FONT="]Question 2: [/FONT][FONT="]Do you agree that the measures should apply to all lending secured by[/FONT] [FONT="]residential property (which will include lending on property outside the State)?[/FONT]
[FONT="]Question 3: [/FONT][FONT="]Do you agree with the exemptions set out? Are there any additional exemptions which you consider appropriate, taking into account the objectives of the proposal and the balance between the benefit of any exemptions and the resulting[/FONT] [FONT="]increase in potential for unintended consequences?[/FONT]
[FONT="]Question 4: [/FONT][FONT="]If there are any significant operational difficulties envisaged by regulated financial services providers in complying with the measures as outlined above and in the draft Regulations (Annex 1) and the proposed exemptions, please submit brief details of same.[/FONT]
[FONT="]Question 5[/FONT][FONT="]: Should some adequately insured mortgages with higher LTVs be exempted[/FONT] [FONT="]f[/FONT][FONT="]rom the measures and if so what should be the criteria for exemption?[/FONT]
[FONT="]Qu[/FONT][FONT="]estion 6: [/FONT][FONT="]Do you agree that the measures should apply to all lending secured by residential property (which will include lending on property outside the State)?[/FONT]
[FONT="]Question 7: [/FONT][FONT="]Do you agree with the exemptions set out? Are there any additional exemptions which you consider appropriate, taking in to account the objectives of the proposal and the balance between the benefit of any exemptions and the resulting[/FONT] [FONT="]increase in potential for unintended consequences?[/FONT]
[FONT="]Question 8: [/FONT][FONT="]Do you consider restrictions on loan-to-income ratios as suitable for buy-to- let mortgages? What impact would a restriction on such loan-to-income ratios have on buy-to-let lending in the State?[/FONT]
[FONT="]Question 9: [/FONT][FONT="]If there are any significant operational difficulties envisaged by regulated financial services providers in complying with the measures as outlined above and in the draft Regulations (Annex 1) and the proposed exemptions, please submit brief details of same. [/FONT]
[FONT="]Question 10: [/FONT][FONT="]What unintended consequences do you see from the proposed measures and how could these be avoided?[/FONT]
[FONT="]Question 11: [/FONT][FONT="]Is the threshold of €50 million over 2 quarters an appropriate threshold and[/FONT] [FONT="]time period for reporting requirements? If not, please indicate a threshold you believe to be appropriate and provide reasons why you believe this is the case.[/FONT]
[FONT="]Question 12: [/FONT][FONT="]Are there any significant obstacles to compliance by regulated financial[/FONT] [FONT="]se[/FONT][FONT="]r[/FONT][FONT="]v[/FONT][FONT="]ices providers with the limits?[/FONT]
Q[FONT="]u[/FONT][FONT="]estion 13: [/FONT][FONT="]Please provide comments on the following draft Regulations.[/FONT]