Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I appreciate what Mr. McKenna said at the end. A consultation by the Department will provide a lot of evidence to suggest that there are huge gaps and that there needs to be tighter regulation and an easier pathway for people to fulfil their rights under law, whether that is the 1881 Act or the 2009 Act. If it is a financial institution we do not force everybody to go to the High Court. We have the Financial Services Ombudsman. The regulation needs to be more stringent. I would suggest a short, sharp consultation period which would give a great insight into what is happening on the ground.