Written answers

Tuesday, 4 July 2017

Department of Finance

Banking Sector Data

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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86. To ask the Minister for Finance the name of the legal advisers, solicitors and barristers employed by a bank (details supplied) in respect of its appeal of a Financial Services Ombudsman ruling which was eventually withdrawn; the fees paid to each; and if he will make a statement on the matter. [30835/17]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The information requested by the Deputy is not held in the Department of Finance. Officials have referred the question to the bank and have received the following response:

"Permanent TSB has a requirement for legal support and advice on an ongoing basis across different parts of its business.  It manages some of this requirement through its in-house legal function, as well as engaging external solicitors and barristers where necessary.  Except where required by law or regulation, and in line with how it manages its relationships with its other third party advisors, the bank does not disclose the identity of such firms or individuals engaged to work with the bank on specific issues or the terms of such work as this information is deemed commercially sensitive."

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