Tracker public interest legal action

Discussion in 'Central Bank tracker review' started by mister32, Feb 22, 2017.

  1. EbsLoannotrafor

    EbsLoannotrafor Registered User

    All very disheartening , that the terms of reference of investigations are not revealed of cb review , can it be got by foi ?freedom of information request or alternatively is their a case to be taken to Europe in relation to this , this might wake up the cb and the banks when this appalling situation gets beyond here , affecting reputation etc . Could either of these be pursued? I am ebs , could anyone let me know if you get ebs tracker back and how?
    mister32 likes this.
  2. Sligolive

    Sligolive Frequent Poster

    In my opinion the priority is for an effective review to be completed rather than the quality of information which the central bank is releasing throughout the review process. In my opinion, premature release of information can compromise the effectiveness of such reviews.
  3. Dan Murray

    Dan Murray Frequent Poster

    I do not agree with this - again it's excusing the CB for its abject failure in managing this.

    The CB found out about this issue c. 7 years ago. It is simply not acceptable that this debacle has dragged on for so long.
    elacsaplau, SaySomething and mister32 like this.
  4. SaySomething

    SaySomething Frequent Poster

    Ger Deering (FSO) is before the Finance Committee in the coming week.
    mister32 likes this.
  5. SirMille

    SirMille Frequent Poster

    True, while there is no concept of a class action in Ireland, there is this:

    Irish law makes no provision for class/collective actions. However, there are two procedures which in practice operate as a form of class/collective action. These procedures are:
    • Representative actions.
    • Test cases.
  6. Gen360

    Gen360 Frequent Poster

    Last edited: Mar 17, 2017
    SirMille likes this.
  7. SirMille

    SirMille Frequent Poster

    I am not a lawyer, but it sounds like it would be of no use to us.