It is common for a bank employee to set out in affidavit or in oral evidence the basis for the debt and a calculation of the arrears. One defence a defendant might use is that the evidence does not comply with Bankers Books Evidence Act 1879 (BBEA). There have been diverging authorities on this. The […]
barrister banking law
The Financial Services Ombudsman
Introduction The office of the financial services ombudsman (hereinafter FSO) was created by the Central Bank and Financial Services Authority of Ireland Act 2004, which inserted sections into the Central Bank Act 1942 (hereinafter the Act of 1942). Some prerequesites for a claim are:- A claim can only brought by a consumer, which is defined […]