Ms Isolde Goggin:

The Competition and Consumer Protection Commission has a statutory role in consumer protection across the economy. There is also a body responsible specifically for consumer protection in the financial services area and that is the Central Bank of Ireland. Where traders are operating outside consumer protection law, that should be addressed quickly and more appropriately but we think the Central Bank of Ireland as the specific sectoral agency has the legislation and tools to investigate and take enforcement action and it may be more appropriate for it to do so. I might ask Ms Áine Carroll who looks after that area in the CCPC to amplify that.