Dáil Éireann Debate, Tuesday - 27 March 2018
192. Deputy Jonathan O'Brien asked the Minister for Finance if all lenders are on course to meet their commitments made under the tracker mortgage examination in terms of providing redress and compensation by set dates. [13658/18]
View answerThe Tracker Examination continues to be a priority for the Central Bank and the Bank will continue to challenge lenders in respect of the conduct of the Examination. The Bank has advised that lenders have committed to certain schedules for payment of redress and compensation to customers and that they are on course to meet these commitments. The Bank has also advised that it will remain vigilant in ensuring that payments to customers are progressed at pace.
The Central Bank issued a report on progress made by lenders in December 2017 and I look forward to receiving a further progress report on the basis of end-March 2018 data.
