Oireachtas Joint and Select Committees

Thursday, 19 January 2017

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

Statement of Strategy 2017: Department of Finance

10:00 am

Mr. John Hogan:

This is the first time it has been raised with me. I think we would have to look at the impact of such an increase on the Office of the Financial Services Ombudsman, which has a strong role to play within the financial services architecture. It was part and parcel of the legislation that the Financial Services Ombudsman would be involved as an option for borrowers to turn to in the event of difficulties.