Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

This is a critically important piece of legislation. I also thank the Minister of State, the Minister and the officials from the Department. In particular, I thank them for taking on board some of our suggestions concerning the regulation of debt management advisory firms and the Financial Services Ombudsman being given the power to publish some details of complaints concerning financial services providers. Both of those measures will greatly enhance the protections available to consumers and are a very significant step forward. I thank the Government for accepting the thrust of those proposals.

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