Results 14,441-14,460 of 26,053 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: What impact will that have on taxes? Please quantify the figure for me.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: The €20 billion would be €2 billion per year on average.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: It is quite significant. Mr. McCarthy said a unit of four people had been set up. What does the unit do?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: What are the people involved qualified as? Who heads up the unit and to whom does that person report?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: This is the first occasion we have had the opportunity to ask the Department about how exactly we are getting ready for Brexit. Does Mr. Moran think that a section of four people to deal with Brexit is adequate? Mr. McCarthy raised the issue of tariffs and we are an export nation. What percentage of our GDP is driven by exports?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: Is it adequate?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: How long have they been up and running?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: What would happen if tariffs were to come in?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: If tariffs came in there would be a fall of 30% in our exports to the UK.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: What impact would that have on our GDP?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: There would be a deep reduction in employment, of some 40,000.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: Would those 40,000 come from export-orientated SMEs into the UK?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Statement of Strategy 2017: Department of Finance (19 Jan 2017)
Kieran O'Donnell: Will Brexit have an exponential impact on the SME sector in comparison to others?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)
Kieran O'Donnell: I thank Professor Lane for coming before the committee. I find it unusual that he has given us a seven page presentation, of which only the last three paragraphs refer to tracker mortgages. This is despite the fact that this is the reason we asked him to come before us today. Why has he given so little time to the issue in his presentation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)
Kieran O'Donnell: This issue has been around since 2010. It took the Central Bank until December 2015 to initiate proceedings and a proper review of the area to individual banks.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)
Kieran O'Donnell: However, the bank did not get going until the end of December 2015 in terms of asking the 15 institutions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)
Kieran O'Donnell: A year has now passed since that happened in December 2015. At this moment in time, how many of the 15 institutions have come back and provided the bank with a thorough assessment of where they are at?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)
Kieran O'Donnell: I am asking the bank as the supervisory authority to tell the committee how many have come back with complete due diligence done in respect of the whole tracker loan book issue.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)
Kieran O'Donnell: Professor Lane might just state on the public record the number of banks that have come back.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)
Kieran O'Donnell: With due respect, these are sophisticated institutions with sophisticated IT systems. This is about the rates of interest they charged. In some cases, people lost their homes because of the rates imposed by the banks. As such, the question is why it is taking so long. Does the Central Bank accept that there has been a failure by it to move on the issue in time to get proper redress for...