An Oireachtas banking inquiry is needed to identify individual wrongdoing and system failures – as well as to establish the behaviour of the Central Bank before and after the economic collapse, TDs have said today.
The government has been seeking to bring forward legislation to strengthen the Oireachtas’ ability to carry out inquiries into matters of public interest in the wake of the rejection of a referendum in 2011.
Tamer Fakahany, a deputy managing editor with Associated Press, recalls the displacement of Cypriots he witnessed as a boy – and why its present travails have inspired him to return with his young son.
In 2012 there were a total 8,135 complaints made to the Financial Services Ombudsman. While we should be able to name and shame badly behaving banks, consumers should also be concerned about the performance of this office, writes Ronan Coburn.
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