Oireachtas Joint and Select Committees
Thursday, 4 October 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Behaviour and Culture of the Irish Retail Banks Report: Central Bank of Ireland
9:30 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I understand that but my question was twofold. The first part is whether the Central Bank is aware of the numbers that are currently before the FSPO or the courts. The second, follow-on question is: if favourable opinions or decisions are given, either by the ombudsman or the courts, that would have a broader implication not just for the individual but a cohort of individuals who were not deemed as in-scope by the Central Bank or the banks themselves, or where the level of compensation was inadequate, will the Central Bank, as opposed to the banks themselves, review those decisions, instead of hoping the banks do the right thing when we know they have not done the right thing for the past five years or more on this issue?
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