Oireachtas Joint and Select Committees

Wednesday, 5 March 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Bi-annual Review 2013: Financial Services Ombudsman

2:50 pm

Mr. William Prasifka:

The banks need to comply with the code of conduct on mortgage arrears and have to demonstrate to us that they are complying. This is an area in which we have engaged extensively with the financial institutions. We have also engaged on it with the Central Bank. If we have particular issues with any of the individual institutions we will take up those issues with the institutions and also with the Central Bank.