Dáil debates

Thursday, 18 May 2017

Ceisteanna - Questions - Priority Questions

Central Bank of Ireland Investigations

4:30 pm

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

It is important to note the work that the Central Bank already did in this area in relation to the review that it conducted and the report that it published. That led to the refunding of over €71 million to consumers, some 83,500 customers since 1 July 2007. Of course I recognise the concerns raised by the Deputy, and that is why officials from the Department are already studying the ruling that has been given. They are studying this with the Central Bank and officials there to see whether or not any changes need to be made to the legislative framework that underpin the protections for the consumer.

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