Oireachtas Joint and Select Committees

Thursday, 2 March 2017

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

Financial Services Ombudsman's Bureau - Strategic Plan 2017 and Tracker Mortgage Issues: Discussion

10:00 am

Mr. Ger Deering:

No. If a complaint is being considered by the office and a court case is initiated, we have to cease our consideration of it unless we believe the financial institution took the case in order to frustrate our process. In that case, we do not have to stop the investigation. We are subject to a High Court appeal. Once somebody takes a High Court appeal there is nothing we can do in that scenario.

Obviously, when it goes on to the Supreme Court, we are still caught in the same space.