Shane Ross (Independent)

The Chair has been very generous. We are in an uncompetitive market. IFSRA and this Bill, which I am not opposing because it represents a small improvement, but not enough, are not tackling the fundamental problems of a cartel that is keeping prices high and consumers in trouble, ignorance on the part of consumers and the terribly flawed history of the banks. They should address the need for protections for consumers and, above all, the need to send in squads to the corrupt financial institutions to prevent malpractices from recurring rather than penalising them afterwards.