Monday 11 December 2017

Charlie Weston: Retirement of regulatory champions a huge loss

CONSUMERS face into a new year with the loss of two men who made a real difference in an otherwise lousy financial regulatory structure in this country.

Financial Services Ombudsman Joe Meade and the Registrar of Credit Unions Brendan Logue have both retired, leaving a gaping hole in our regulatory set-up.

After a long, distinguished career in the public service, Mr Meade was appointed the first financial ombudsman to have statutory powers in May 2005.

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