Oireachtas Joint and Select Committees
Wednesday, 24 April 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage
8:20 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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I saw the three safeguards suggested by the Financial Services Ombudsman and I have an issue with none of them. I do have an issue with setting the number of complaints at three, and even two is inadequate. This legislation has a double lock. One of these is the threshold of three complaints in one year, but the most important is that the Financial Services Ombudsman must decide it is in the public interest to publish the findings.