Oireachtas Joint and Select Committees

Wednesday, 19 October 2022

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

Withdrawal from Irish Banking Market (Resumed): Engagement with Ulster Bank and KBC Ireland

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

May I ask one final question because I know the Chair will not let me back in? This is a tangential issue in respect of tracker mortgages. The Financial Services and Pensions Ombudsman, FSPO, is dealing with a large number of cases as a result of legislation that I brought in to allow for the timeframe to be waived and to allow for people to take action beyond the initial time limit. How many complaints relating to tracker mortgages are before the FSPO in respect of Ulster Bank products? How many of those decisions are currently being appealed by the bank?

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