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

3:20 pm

Ms Jacqui McCrum:

A specific system must be followed. It is difficult for both parties, particularly the complainant, because a lot of information is required, but that is part of the process which was agreed with the Central Bank. Obviously, it considers that is a way to deal with cases, to go to the nth degree. The banks are complying with the code and that is what we are required to do.