Results 5,841-5,860 of 26,032 for speaker:Kieran O'Donnell
- Public Accounts Committee: Payments to Section 39 Companies: Discussion (27 Feb 2014)
Kieran O'Donnell: I hope he is not being selective.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: I welcome Mr. William Prasifka and his colleagues. If Mr. Prasifka issues findings in favour of the complainant, what is their legal standing?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: What was the total number of findings made in the past year? I think Mr. Prasifka said that 8% were upheld for the complainant. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: What was the total number of complaints?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Some 1,883.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Of the 7%, have all of the those-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Of the 202, were all of those-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Of the 202-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: I want the total number upheld, which I think was about 202 for the year, and in respect of those 202 have all the recommendations been implemented? It is all very well to say that are legal but how many were implemented?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Correct.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Of the 202 findings that were upheld on behalf of the complainant in 2013, does the Financial Services Ombudsman keep a track to see how many are implemented? Does the ombudsman keep a physical track, an audit trail?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: I was looking down through the regulated providers that come within the ambit of the Financial Services Ombudsman. Do the subprime mortgage lenders and the moneylenders fall within your remit?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Yes. I do not see any of the subprime mortgage lenders - perhaps I am missing them - within the list of named regulated providers in terms of-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Looking down through it, is it correct to say there is no subprime mortgage lenders on that list? This is from the bi-annual report.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: We have many people coming to us and the issue of mortgages and the subprime lenders comes up frequently. There does not appear to be any mention of the subprime lenders in this list. The figures for the traditional ones are as follows: MBNA has 33; AIB is the next highest with 24; Ulster Bank and Bank of Scotland have 15 each; Bank of Ireland has 14; Permanent TSB has 12; and Irish Life...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: That is what I am saying.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: What has been your experience of your interaction with the subprime lenders, and the licensed moneylenders? It is an issue that arises on a regular basis in dealing with constituents; first, the rate of interest subprime lenders charge and the aggressive approach they take and, second, the excessive rates charged by moneylenders. Are people making complaints to the Financial Services...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Can Mr. Prasifka speak in the generic sense about subprime?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: Either the subprime or the licensed money lenders.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)
Kieran O'Donnell: There would be a very small proportion. I am surprised at that.