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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: The issue of vulture funds crops up a lot. Has Mr. Deering had many complaints from people who have had their loans or mortgages taken over by so-called vulture funds and who have suffered interest rate hikes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: Has the FSO given a conclusion in those cases?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: What was the result of the deliberations?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: Has the FSO ruled in favour of the complainant?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: My next question is twofold. Has the FSO a limit of €3 million?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: Have many non-individuals lodged a complaint or is it mainly individuals?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: What about small businesses?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: That leads me to the point made by Mr. Joyce. FLAC would prefer a twin-track approach with one track to deal with SMEs and the other track to deal with a person or persons. Was that not included in the FLAC submission?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: Does Mr. Deering think that is a valid suggestion?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: We find many constituents use the service, which is very good. I compliment both organisations on the work they do. How long does it typically take for a case to be heard?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: If the amalgamation takes place, are adequate resources in place? We get the impression from contacting the office that many inspectors are very overworked and under a lot of pressure. They are dealing with very vulnerable people. In many cases, FLAC is a measure of last resort. I ask Mr. Deering to expand on that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: What would the target to reduce the time taken to adjudicate cases be?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

Kieran O'Donnell: That is within an eight-week period.

Seanad: Order of Business (9 Nov 2016)

Kieran O'Donnell: I want to speak on the US presidential election result, which I watched as it unfolded very late last night. What struck me is that it is almost a carbon copy of Brexit. Obviously, I wish to congratulate President-elect Trump. The American people have spoken. I also want to commiserate with Hillary Clinton. The Clintons have been very good friends to Ireland. We have a new...

Seanad: Health (Amendment) (Professional Home Care) Bill 2016: Second Stage (9 Nov 2016)

Kieran O'Donnell: Until what time is this business due to continue? The Minister of State-----

Seanad: Health (Amendment) (Professional Home Care) Bill 2016: Second Stage (9 Nov 2016)

Kieran O'Donnell: I will only speak for two minutes.

Seanad: Health (Amendment) (Professional Home Care) Bill 2016: Second Stage (9 Nov 2016)

Kieran O'Donnell: I thought we had amended that and that the Minister could be allowed to respond.

Seanad: Health (Amendment) (Professional Home Care) Bill 2016: Second Stage (9 Nov 2016)

Kieran O'Donnell: I looked to speak on this Bill. I very much commend Senator Burke on it. I know from first-hand experience the benefits provided by home care providers. My mother-in-law lives with my family. She is 90 years of age. Home care providers come to our home, which allows her to stay in the home, and I could not praise them highly enough for the work they do. They are caring, they work many...

Seanad: Transport, Tourism and Sport: Statements (16 Nov 2016)

Kieran O'Donnell: In regard to State airports, the Minister has spoken about a capacity review and the possibility of a third terminal at Dublin Airport. Shannon Airport is operating under capacity. In terms of balanced regional development, it would make more efficient use of natural resources to see how we could use Shannon Airport, which has the largest runway in Europe, pre-clearance and a good road...

Seanad: Transport, Tourism and Sport: Statements (16 Nov 2016)

Kieran O'Donnell: On a point of order, the Minister has not responded to a small number of issues. In the interests of clarity and completeness, I ask that he be allowed a further five minutes to conclude the debate. That would make sense in terms of the workings of the House.

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