Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

I thank the Deputy for raising this matter. Of course the Department is concerned with the matter at hand. Officials in the Department are looking at the ruling and they are consulting with the Central Bank with a view to ensuring that consumers have the appropriate level of protection under the legislative framework. The Deputy will also be aware of the Minister's recent experience at a committee to speak about the issue of the Statute of Limitations, and officials are engaging with the Deputy on that point as well. I note the concerns that have been raised by the Deputy, both publicly and in the House, and I also note that the Central Bank, in its correspondence with the Deputy, requested further information to be provided to it so it could get a better understanding of what area and what entities the Deputy was speaking about. I understand that has taken place and the Deputy has responded to the Central Bank with that information.

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