Oireachtas Joint and Select Committees

Wednesday, 10 May 2023

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

General Scheme of the Financial Services and Pensions Ombudsman (Amendment) Bill 2023: Discussion

Mr. Liam Sloyan:

We will have to rely on the criteria set out in the legislation. As the head stands, it relates to consultation with the parties, the consideration of all the circumstances of the complaint and whether it is in the interests of justice. It is very important for us to work in line with the legislation set out rather than certain other criteria beyond it that may restrict the discretion given to us by the Oireachtas or in some way interfere with the criteria set out by the Oireachtas. We would have to consider what is ultimately set out in the legislation in making a decision.

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