Richard Bruton (Dublin North Central, Fine Gael)

The Minister will recall that the Financial Ombudsman made a ruling in respect of overcharging by a financial institution, but it was found that under the legislation he was not empowered to make a class award which would allow others affected by the same problem to receive an award. I understand from a previous reply to a parliamentary question that the Minister is considering extending to the ombudsman the power to give class recommendations of that nature. Has the Minister reached a decision on whether to give him this power?

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