Oireachtas Joint and Select Committees

Thursday, 29 June 2017

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Financial Services and Pensions Ombudsman Bill 2017: Committee Stage

10:00 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael)
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I am unable to answer whether there has been friction between the Minister and the council in the past. I do not want to comment, therefore, when I do not know. The objective is that the legislation will be beneficial to the consumer. The council is unelected whereas the Minister is proposed by the Taoiseach and voted on by the Dáil. I would like to think that Ministers would act in the interest of the consumer and if there are areas to be addressed, that the Minister would act in the best interest of the consumer rather than anybody else.

The council will continue to maintain its efficiency and effectiveness and that will be kept under review.