Dáil debates
Wednesday, 5 March 2025
Financial Services and Pensions Ombudsman (Amendment) Bill 2023: Committee and Remaining Stages
10:20 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I thank the Minister of State. Really, what I am looking for here is an early warning system. I am familiar with the 12-month review and so on but I am thinking of people for whom, while they may have made a complaint that has not been heard, it may be a case of a vulture fund absolutely robbing them. It may be the case the vulture fund has taken their home wrongly from them. It may be that they were overcharged. We do not know what the cases are, and the cases have not been able to be heard. We are fixing that now when this legislation becomes enacted.
What I really wanted was that we would not have to wait for a year to find out that there is still an issue. The FSPO may think this is fine, but there is another animal that challenges this and its lawyers will get to see whether the FSPO has jurisdiction in a given case. I welcome the Minister of State's comments but really what we want is an early warning system for this whereby, if something is flagged in respect of the FSPO, in these cases that are now going to come before it but cannot be heard for some reason, and where there is still another issue with the legislation, we will not have to wait for 12 months to find out about it. In the spirit of trying to resolve the issue, I ask the Minister of State to relay that to the senior Minister.
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