Oireachtas Joint and Select Committees

Wednesday, 5 March 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Bi-annual Review 2013: Financial Services Ombudsman

3:30 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I thank the financial ombudsman for coming into the committee. It has been illuminating. After two and a half years in the Dáil, I am still wading through the complex machinery of State and public oversight. Today, I have learned quite an amount about what the Financial Services Ombudsman does. The job of the Financial Services Ombudsman is to ensure the financial institutions play by the rules and by the law but it does not make the law.

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