Oireachtas Joint and Select Committees
Thursday, 2 March 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Financial Services Ombudsman's Bureau - Strategic Plan 2017 and Tracker Mortgage Issues: Discussion
10:00 am
Mr. Ger Deering:
Even in terms of throwing money at us, we are actually funded by the industry and not from the Exchequer. The Financial Services Ombudsman Council sets a levy on the industry so we do not look for money from the Exchequer. What would be most beneficial to us would be to have enacted the legislation currently being drafted, thereby allowing the merger to move on and the provision of the additional powers.
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