Oireachtas Joint and Select Committees

Tuesday, 4 April 2017

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

Banking Sector: Quarterly Engagement with Central Bank of Ireland

10:00 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I welcome the fact the Central Bank has published on its website quite a bit of information on the framework for conducting a review of tracker mortgages and the principles for redress. I would have hoped that would have been done before. I encourage the Central Bank to publish information promptly.

In one of the documents from the website, I found it fascinating that each bank had to appoint a consumers’ voice as part of its steering group. Will the Central Bank inform the committee who are the consumers’ voices in each of the different financial institutions?

Many of the people I am dealing with feel they do not have a voice communicating with their bank. They would be interested to know who is actually meant to be representing them on this committee.

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