Oireachtas Joint and Select Committees

Thursday, 18 January 2018

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

Tracker Mortgages: Central Bank of Ireland

9:30 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Regarding the redress and compensation, the witness mentioned that the average compensation was 15% of the redress amount. Is there a range and what is it? Is there a maximum or ceiling of 30% or 40% and is there a baseline figure of 10%, for example? How does it work?

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