Oireachtas Joint and Select Committees

Thursday, 7 December 2017

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

Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion

9:00 am

Ms Isolde Goggin:

I believe, and I think there is common agreement, that the number one priority is to achieve redress for those consumers. There are other priorities, including making people accountable for what happened, but the best weapon in the armoury for doing that is the investigation being carried out by the Central Bank because it can deal with that number of people. We are an agency of 90 people. I am not complaining about that. I believe we do a good job with the numbers we have, but there are 20 times that number in the Central Bank. They are not all focused on consumer protection but they are the agency-----

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