MPs’ asset declarations back online after data leak
Parliament republished the asset declarations of MPs on its website on Wednesday afternoon, a day after withdrawing them over the accidental posting of material the law does not allow to ...
Complaints to financial ombudsman on the up
Complaints to the financial ombudsman’s office rose by 20 per cent last year to 1,121, Financial Commissioner Valentina Georgiadou said on Friday.
The office is the single body for out-of-court resolution ...
Coop overcharging couple interest on loan is ‘scandalous, illegal act’
In a “scandalous and extremely illegal act”, the former Cooperative (Coop) bank overcharged a private loan by €28,686.96 in interest rates, financial ombudsman Pavlos Ioannou said on Monday.
Ioannou said his ...
Lenders told not to foreclose on properties if Estia approval still pending
The financial ombudsman has advised banks and credit-acquiring companies to refrain from foreclosing on mortgaged properties before the definitive conclusion of procedures within the Estia housing loan subsidy scheme, otherwise ...
Financial ombudsman writes off person’s loans
The financial ombudsman has granted debt immunity to a mentally handicapped person, asking the entity to which the money is owed to comply.
In a final decision dated May 26, Pavlos ...
Finance watchdog says job impossible without increased budget
The Financial Ombudsman on Monday complained that the agency will not be able to perform their functions after the government slashed their budget by a considerable margin.
Ombudsman Pavlos Ioannou ...
Opposition seeks to beef up watchdog’s role in banks
An opposition party said Monday it will table a bill that would make decisions taken by the financial ombudsman legally binding on banks.
Angelos Votsis, of the Democratic Forces Cooperation, ...