Written answers
Tuesday, 31 May 2011
Department of Finance
Financial Services Regulation
9:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 111: To ask the Minister for Finance the average length of time it is currently taking the Financial Services Ombudsman to deal with new complaints submitted to the body by personal customers of financial services. [13434/11]
Michael Noonan (Limerick City, Fine Gael)
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I would like to refer the Deputy to Parliamentary Question No. 12472/11 on this topic which I answered on Tuesday 24 May 2011. The Financial Services Ombudsman has advised me that, at present, the average length of time from receipt of a complaint to the issuing of a finding is 11 months. I should point out that the Financial Services Ombudsman is independent in the carrying out of his duties. I have no role in the day to day workings of the office.
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