Oireachtas Joint and Select Committees

Tuesday, 20 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Central Bank of Ireland

11:00 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

There are documents on the matter. Is that correct?

In the letter I have before me a Central Bank representative states that while the Central Bank does not have statutory remit to investigate individual complaints of customers relating to financial services, it accepts information from consumers of financial services in the context of ongoing Central Bank supervisory activity. In this regard, the letter continues, if information is available that the committee wishes to bring to the attention of the Central Bank, the bank would be happy to accept and consider it in the context of its supervisory activity. It seems that the best way the committee can bring information to the attention of the Central Bank would be to put the bank in touch with the affected business owners. Is the Central Bank prepared to meet representatives of the businesses affected?

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