Written answers

Thursday, 4 October 2018

Department of Finance

Financial Services and Pensions Ombudsman Data

Photo of Niall CollinsNiall Collins (Limerick County, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

84. To ask the Minister for Finance the amount expended by the Financial Services and Pensions Ombudsman on external consultants and legal service providers in 2017 and to date in 2018, in tabular form; the consultants and legal providers that provided such services; the amount of fees paid to each such body to date in each year; and if he will make a statement on the matter. [40528/18]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

Firstly, I must point out that the Financial Services and Pensions Ombudsman (FSPO) is independent in the performance of his statutory functions. I have no role in the day to day workings of his office.

As the Deputy will be aware the Financial Services and Pensions Ombudsman was established on 1 January 2018 under the Financial Services and Pensions Ombudsman Act 2017. The figures provided by the Ombudsman below in respect to 2017 relate to the Financial Services Ombudsman Bureau.

The table below outlines the expenditure on consultancy and legal firms. The figure for 2018 includes the latest available data to June 2018. It should be noted that all figures below are as yet unaudited.

ConsultancyJan - Dec 2017Jan - Jun 2018
BearingPoint€148,656.34€6,122.33
Erwin Boucher€8,302.50€2,121.75
Keating &Associates€3,136.50€2,300.10
Petrus Consulting€26,593.92€738.00
Legal FirmsJan - Dec 2017Jan - Jun 2018
Byrne Wallace€5,715.28-
McDowell Purcell€159,835.36€102,818.57
Eversheds (Eversheds O'Donnell Sweeney)€149,431.96€84,272.25

Comments

No comments

Log in or join to post a public comment.