Results 2,361-2,380 of 26,825 for speaker:John McGuinness

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: Arising from Deputy Durkan's questions, I would like to clarify that the investment funds being referred to, from outside the country, can buy whatever they like. No restrictions have been placed on their commercial activities in the market if they are buying property, houses or blocks of apartments. Is that what was said? An outside investment fund, like an individual, I presume, can...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: I am sorry for cutting across Mr. Madouros, but the Central Bank cannot prevent them from investing in forestry, housing or anything else. The bank's job is regulation. Deputy Durkan was asking a specific question and I am trying to tease it out. It is for the investment funds to make a decision as to where they will invest. If they are in Ireland, they come up on the radar of the Central...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: I am sorry for probing this but I have a concern about this. I understand the macrofinancial implications and have a view on it. Where a company is funding projects in the State from outside it, does the Central Bank have the reach to determine if it can sustain any financial blips as it develops its projects or is it the case that this sector, in forestry and housing, is open to an extra...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: It is. It just emphasises for me the dangers of some of these funds relevant to the types of activities it has been suggested they would be engaged in, for example, forestry and housing. I can see there is a gap in the regulation that needs to be addressed. Those funds are distinctly different, in a way, from what we would describe here as vulture funds. The problem I see with the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: Yes. That is why I made a distinction between my first and second questions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: I understand.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: We are due to conclude at 4.30 p.m.-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: That is okay. I am just saying we have to conclude-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: Excuse me, Senator.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: We are due to finish-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: No. Excuse me.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: It is 4.30 p.m. We are obliged to end the meeting. We will resume our deliberations on other matters next Wednesday. I thank the witnesses for appearing before the committee, and I thank my colleagues.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: We are joined by the Governor of the Central Bank of Ireland and his colleagues. They are all very welcome. We will commence with an opening statement and then members can engage with the Governor on any of the issues on the agenda, of which they have been notified. I remind members to turn off their mobile telephones. I will read a note on privilege. The evidence given by witnesses...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Economic Issues: Engagement with Governor of the Central Bank of Ireland (25 Jan 2023)

John McGuinness: My final question has to do with switching. Senators Higgins and Sherlock are waiting to contribute and I am sorry to delay them. The main banks still have accounts that are in difficulty. They have appointed receivers and done all sorts of stuff with some of their customers. Where they have failed is in the engagement with customers who are in difficulty, preferring instead to hide...

Written Answers — Department of Finance: Business Supports (24 Jan 2023)

John McGuinness: 83. To ask the Minister for Finance the number of Kilkenny businesses that have applied for assistance under the temporary business energy support scheme to date; the number of Wexford businesses that have applied; the number of Kilkenny applications that have been successful; the number of Wexford applications that have been successful; the estimated value or worth of the support to date for...

Written Answers — Department of Finance: Banking Sector (24 Jan 2023)

John McGuinness: 135. To ask the Minister for Finance if he will provide an update on the retail banking review; the action he will be taking on foot of it; and if he will make a statement on the matter. [3068/23]

Written Answers — Department of Communications, Climate Action and Environment: Fishing Industry (24 Jan 2023)

John McGuinness: 179. To ask the Minister for Communications, Climate Action and Environment if he will outline his intentions regarding the demand by fishermen for an urgent need for a review of the regulations governing snap net fishing on the rivers in the south east of Ireland; if he has considered the submissions and correspondence from a person (details supplied) who represents the fishermen in this...

Written Answers — Department of Agriculture, Food and the Marine: Agriculture Schemes (24 Jan 2023)

John McGuinness: 651. To ask the Minister for Agriculture, Food and the Marine if outstanding payments due to a person (details supplied) for the years 2019 and 2021, under GLAS will be paid immediately. [2766/23]

Written Answers — Department of Education and Skills: School Staff (18 Jan 2023)

John McGuinness: 718. To ask the Minister for Education and Skills if she will consider the merits of a motion passed by an organisation (details supplied); and if she will make a statement on the matter. [63760/22]