Dáil debates
Wednesday, 20 November 2013
Other Questions
Irish Financial Services Appeals Tribunal
10:20 am
Clare Daly (Dublin North, Socialist Party) | Oireachtas source
This question deals with the High Court handling of Newbridge Credit Union being handed over to Permanent TSB, which has important implications for the future of all credit unions but also gets to the heart of the area of accountability in relation to the financial institutions in that the Irish Financial Services Appeals Tribunal had commissioned a hearing into the operation of Newbridge Credit Union but the High Court overshot that opportunity. Does it expose the toothless nature of that appeals mechanism and has the Minister any plans to change it?
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