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Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Industry Representatives (4 May 2017)

Mark Daly: Does that include the central banks?

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Industry Representatives (4 May 2017)

Mark Daly: I find it amazing that officials from the Central Bank were in here this morning and could not tell this committee whether any other European central banks were involved in promoting their countries as a location.

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Enterprise Ireland (4 May 2017)

Mark Daly: Some of my questions are along the same lines. First, regarding what Senator Paul Daly said about not supporting companies who want to trade with the North, is Enterprise Ireland going to look at that issue? In terms of proposals from Enterprise Ireland on imaginative solutions which the EU is seeking, has the organisation looked at replicating or seeking to replicate the trading...

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Central Bank of Ireland (4 May 2017)

Mark Daly: Has the Central Bank changed any of its regulations in its own organisation as a direct of result Brexit? Are there changes to which the witnesses can point and say that the rules have been changed in order to assist Ireland as a result of Brexit?

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Central Bank of Ireland (4 May 2017)

Mark Daly: Ms McMunn raises a question. Because of the financial crisis, the Central Bank's rules were changed so that it is not out there championing the cause of Ireland being a location for financial services investment and that has changed the bank's remit. How many other central banks in the EU have the same standard, the same rule, that they are no longer advocates and that they just process the...

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Central Bank of Ireland (4 May 2017)

Mark Daly: Perhaps Mr. Cassidy could answer the question. From a competitive point of view, this is a fundamental issue for Ireland for examination by the task force. If other central banks are not only being regulatory bodies but also are actively engaging on behalf of their countries, we will not be able to attract financial services. We will be looking at this in two years' time wondering why we...

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Central Bank of Ireland (4 May 2017)

Mark Daly: I am not saying that. We have changed our standards. That is the financial crisis and post-traumatic stress disorder I am talking about. We changed our standards because the Central Bank was out there looking for business. This is a hangover from the financial crisis that will now affect our performance. I suggest that the task force should have answered the question when it was...

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Central Bank of Ireland (4 May 2017)

Mark Daly: I understand that.

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Central Bank of Ireland (4 May 2017)

Mark Daly: Are other central banks able to champion their financial services? The Central Bank was doing so previously, so obviously EU regulations allow for it. Are other central banks doing it where we are not?

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Central Bank of Ireland (4 May 2017)

Mark Daly: I know, but there is a fundamental difference-----

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Central Bank of Ireland (4 May 2017)

Mark Daly: We are looking for solutions to problems. This comes back to the task force. What has been highlighted here is that we have changed our rules regarding the Central Bank promoting Ireland as a location for financial services. If that does not change - and obviously, other European countries have not changed - we need to find out who they are and whether we are going to change it. If we...

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with Central Bank of Ireland (4 May 2017)

Mark Daly: I thank the witnesses for their presentation. Ireland is in the unfortunate situation - and the Central Bank in particular - of suffering from a post-banking crisis stress disorder. Unlike other European member states, having gone through a banking crisis and regulatory issues around it, the human reaction is to over-regulate. That happened and was due to lack of oversight and regulations,...

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with former Taoiseach, Mr. John Bruton (27 Apr 2017)

Mark Daly: I thank Mr. Bruton for appearing before this committee and sharing his insights, not only on domestic matters but also on matters related to the EU and further afield. I particularly welcome his insights on competitiveness, which is one of the areas over which we have some control. There is much we can do to limit the effects of Brexit, which will grow and worsen over time. Brexit is an...

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement with former Minister, Mr. Dermot Ahern (27 Apr 2017)

Mark Daly: I thank Mr. Ahern for coming before the committee. His experience of dealing with the EU on various issues made him realise much sooner than some of our Westminster colleagues the consequences for them of leaving. The effects of Brexit will get worse as time goes by. Mr. Ahern's idea of a national plan on a micro and macro level is one at which all Departments should look. That is...

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement on Citizenship Rights: Professor Colin Harvey, Mr. Liam Herrick and Mr. Michael Farrell (27 Apr 2017)

Mark Daly: I thank the witnesses for their presentations. My colleagues have asked some of the questions to which I was interested in hearing answers. One issue that has come up also came up with the House of Lords and was raised by civil rights groups. In the current context of the UK's membership of the EU, it has instituted Operation Gull, which has been accused of racially profiling people who...

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement on Citizenship Rights: Professor Colin Harvey, Mr. Liam Herrick and Mr. Michael Farrell (27 Apr 2017)

Mark Daly: On the International Court of Justice which Ireland signed up to only recently, why are Northern Ireland and Britain excluded? When we signed up for it, it covered every country in the world except for Northern Ireland and Britain. Why?

Seanad Committee on the Withdrawal of the United Kingdom from the European Union: Engagement on Citizenship Rights: Professor Colin Harvey, Mr. Liam Herrick and Mr. Michael Farrell (27 Apr 2017)

Mark Daly: I know that its rulings are not binding but it has been widely quoted because of its standing. Of all the countries in the world over which Ireland would want to have findings, why did Ireland not include Britain and Northern Ireland specifically as part of the jurisdiction of its signing up to the international court?

Seanad: Commencement Matters: Local Authority Members' Remuneration (12 Apr 2017)

Mark Daly: I would like to share time with my colleague, Senator Gallagher.

Seanad: Commencement Matters: Local Authority Members' Remuneration (12 Apr 2017)

Mark Daly: The issue I am raising relates to the terms and conditions of local authority members. As the Minister of State is aware, over the past several years, there are 678 fewer local authority members than there were when the reform of local government took place under the previous Government. There are now only 949 local authority members. We used to have 114 local authority areas, including...

Seanad: Commencement Matters: Local Authority Members' Remuneration (12 Apr 2017)

Mark Daly: I thank the Minister of State for her reply. I wish to share my supplementary time with Senators Gallagher and Wilson who is also concerned about this issue. The issue of vouched expenses was raised in this House before with several suggestions put forward. I am glad the Minister is examining the issue of travel rates and that they should in effect be compatible with a rationale behind...

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