Oireachtas Joint and Select Committees

Thursday, 27 October 2016

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

General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion

9:30 am

Mr. Ger Deering:

We think it is useful that small businesses can use our service. Equally, we agree that we are not there for the 17 million generally. In fact, we have the discretion to say we think a complaint is more suitable for other areas. Given the lack of a statutory basis to do that, the argument can end up being about whether we have jurisdiction to do that. Clarity in that area would be useful.