Oireachtas Joint and Select Committees
Wednesday, 24 May 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Authorised Push Payments Fraud: Banking and Payments Federation Ireland
Jim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source
If the Oireachtas is thinking of changing the law, generally at the forefront of our minds will be the interests of the public and consumers. Since so many people are the innocent victims of this type of fraud, would it be a good idea for the Oireachtas to introduce legislation that would provide for a mandatory redress scheme to allow people to reveal they were the victims of this type of fraud and place an obligation on the financial institution concerned to provide redress?
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