THE new Banking Culture Board has been accused of coming down on the side of the banks. THE new Banking Culture Board has been accused of coming down on the side of the banks. New Banking Culture Board accused of coming down on the side of the banksIt comes after the banks had tried to use controversial time-limit rules when challenging complaints to the financial services ombudsman on tracker mortgages. This prompted the Banking Culture Board to issue a statement welcoming this. “You need to be willing to call out the banks regardless of who is on the Banking Culture Board, and no matter who is funding you.”The board is funded by the banks, and has five bankers on its board.

Source: Irish Independent October 01, 2019 15:33 UTC