Financial Services and Pensions Ombudsman (Amendment) Bill 2023: Committee and Remaining Stages
Dail Éireann — 2025-03-05
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Pearse Doherty (SF), Donegal

The issue I have, although the Minister of State will probably refer to fair procedure and all the rest, is that there is a huge difference between not naming Mrs. Doherty or whoever is taking a case that may not be upheld or is partially upheld and not naming the financial institution, such as Mars Capital. A David-and-Goliath battle that is being fought on this. I do not like the idea that the same privacy given to those making the complaints is being provided to the massive financial services firms, including vulture funds. That protects them from adverse findings made against them. I have concerns about this. The onus is on them, they are regulated, and, by law, they are supposed to do X, Y and Z. I am just concerned about this and wanted to put my concern on the record.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2025-03-05/debate/main
Retrieved: 2026-08-14T04:53:34+00:00
Sitting date: 2025-03-05