Dáil debates

Tuesday, 5 March 2019

Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Bill 2019: Committee Stage

 

10:45 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

If a customer is not aware that a company is not authorised after the three year period, is there a risk there in the context of a potential claim during or after the three year period? Is there a risk given that the company no longer operates in the European Union? Is the consumer's ability to enforce a claim lessened? I am a little concerned that the Minister did not talk about individual contact and the responsibility of the companies and the Central Bank to contact the individual policyholders as opposed to organising awareness campaigns.

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