Part 4 of the Financial Services and Pensions Ombudsman Act 2017 sets out the role of the FSPO Council, which has two main areas of responsibility. Firstly it is responsible under the legislation for setting the levy to be paid by financial service providers; and secondly it has certain oversight responsibilities in relation to the work of the FSPO, including its responsibilities in relation to:
The Council has no role in dealing with complaints.
The Members of the Council (April 2023) are:
Maeve Dineen (Chairperson) | Corporate Communications Consultant and formerly Business Editor of Irish Independent |
Valerie Bowens | Consultant and Non-Executive Director |
Ann Duffy | Independent Non-Executive Director / former Director Corporate Affairs at Fyffes plc |
Don Gallagher | Experienced CEO and Director |
Mick McAteer | Experienced consumer and public interest advocate |
Ken Murnaghan | Member of the Management Board of Finance Ireland Limited |
Peter Rossiter | Experienced Director |
Code of Conduct for Financial Services and Pensions Ombudsman Council Members