Seanad debates

Tuesday, 11 July 2017

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages

 

2:30 pm

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

I thank my fellow Senators and the Leader of the House. I particularly thank the Minister of State and his team for their co-operation in having the Bill moved through this House as swiftly as possible. As I said many times during the passage of this Bill, there are people who have been waiting for this legislation for years. For these people, this legislation offers some hope of redress. Sinn Féin was always clear that these people deserve a fair hearing, at the very least, and the chance to get access to justice. Sinn Féin has no difficulty in highlighting and challenging wrongdoing by financial institutions, but we are also keenly aware of the need to provide workable solutions to these problems. We must continue to play a central and robust role in ensuring that consumers are protected against those whose primary focus is on profit maximisation. This Bill is an indication of what can be done to right the wrongs of the past and present.

I thank my colleague, Deputy Pearse Doherty, for initiating this Bill. Go raibh míle maith agaibh go léir.

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