Results 18,581-18,600 of 35,924 for speaker:Pearse Doherty

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: Is it 50:50, like the Central Bank?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: Is that the new office?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: Is it not the case that at present, the old office, namely, the FSO, is solely funded through levies from the industry?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: At present the FSO is not a drain on Exchequer funding. We are merging two bodies, part of the new body is a drain on Exchequer funding because it is not funded by the industry. If I was taking a case against AIB that was being heard by the FSO and it wanted to hire a consultant it should be allowed to hire as many consultants as it wants because the only people paying are the industry....

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: At the minute the FSO does not have this requirement.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: We will leave it at that.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: The amendments I have tabled are Nos. 7, 9, 11, 18, 22 and 27. These six amendments all deal with the same issue, which is the four categories of determination that the ombudsman can make findings on as a result of this legislation. I welcome the fact that the proposal that I have made previously on my own legislation has been accepted by all parties. After further consideration and...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: I move amendment No. 17:In page 46, lines 4 and 5, to delete all words from and including “The” in line 4 down to and including line 5 and substitute the following:“On receiving a complaint, the Financial Services Ombudsman shall, as far as possible, try to resolve the complaint by mediation.”. This amendment proposes the deletion of section 58(1), the first...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: We all have to acknowledge that there has been a transformation in respect of how the office of the ombudsman deals with these cases and how financial institutions are engaging to try to resolve them informally, through mediation and through the decision process. There has been a step-change in how the office is dealing with this in respect of a large number of cases. I understand that in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: That is fine. I accept the bona fides of the Minister of State in his approach to this section, which is about trying to ensure the best outcome, based on mediation and the informal process, is maintained. However, the existing legislation does contain the word "shall" and provides for a large percentage to be resolved through mediation and the informal mechanism. That provision has not...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Financial Services and Pensions Ombudsman Bill 2017: Committee Stage (29 Jun 2017)

Pearse Doherty: I move amendment No. 24:In page 50, between lines 23 and 24, to insert the following: "(a) within 35 days of the date of notification of the decision of the Financial Services Ombudsman, or". Amendment No. 24 deals with the length of time an individual, financial institution or pension provider has to appeal a decision to the High Court. Currently, the timeframe in this regard is quite...

Written Answers — Department of Finance: Central Bank of Ireland Supervision (29 Jun 2017)

Pearse Doherty: 81. To ask the Minister for Finance the notifications received by the Central Bank to date under chapter 3.12 of the consumer protection code by notifying bank, date of notification and branch location; and if he will make a statement on the matter. [30529/17]

Written Answers — Department of Finance: Central Bank of Ireland Supervision (29 Jun 2017)

Pearse Doherty: 82. To ask the Minister for Finance the compliance measures the Central Bank put in place to ensure that the obligations under chapter 3.12 of the consumer protection code are met after notification is received; the action the Central Bank has taken in cases in which the notifying bank failed to meet the obligations; and if he will make a statement on the matter. [30530/17]

Written Answers — Department of Finance: Central Bank of Ireland Supervision (29 Jun 2017)

Pearse Doherty: 83. To ask the Minister for Finance if the obligations under chapter 3.12 of the consumer protection code apply to cases in which a bank is drastically reducing its services at a branch; and if he will make a statement on the matter. [30531/17]

Written Answers — Department of Finance: Mortgage Lending (29 Jun 2017)

Pearse Doherty: 84. To ask the Minister for Finance if his attention has been drawn to the clause (details supplied) now contained in some updated mortgages; if he or the Central Bank is of the view that such a carte blanche exemption from liability is within the spirit of the codes of conduct; and if he will make a statement on the matter. [30533/17]

Written Answers — Department of Arts, Heritage and the Gaeltacht: Oideachas Gaeltachta (29 Jun 2017)

Pearse Doherty: 172. To ask the Minister for Arts, Heritage and the Gaeltacht maidir leis an liúntas is déanaí a fógraíodh an 9ú Bealtaine 2017 le cuidiú le soláthraithe seirbhíse luathoideachais Gaeltachta ó thaobh tacaíochtaí teanga, cad chuige nach raibh deontas curtha ar fáil do sholáthraí i gContae Dhún na nGall (sonraí...

Written Answers — Department of Arts, Heritage and the Gaeltacht: Oideachas Gaeltachta (29 Jun 2017)

Pearse Doherty: 173. To ask the Minister for Arts, Heritage and the Gaeltacht maidir leis an liúntas is déanaí a fógraíodh an 9ú Bealtaine 2017 le cuidiú le soláthraithe seirbhíse luathoideachais Gaeltachta ó thaobh tacaíochtaí teanga, cad chuige nach raibh deontas curtha ar fáil do sholáthraí i gContae na Gaillimhe (sonraí...

European Council: Statements (28 Jun 2017)

Pearse Doherty: With another European Council gone, another opportunity has been missed to put forward Ireland's demands and another chance has gone to tell the European Union that while moral support and rhetoric are fine and well, what this country, North and South, needs is real practical support. A first step would be for the Taoiseach to follow through on a promise he made to his party faithful while...

Written Answers — Department of Finance: Insurance Industry Regulation (28 Jun 2017)

Pearse Doherty: 92. To ask the Minister for Finance if he will amend the insurance compensation fund legislation to allow the claimants at a company (details supplied) that are likely to be compensated soon; and if he will make a statement on the matter. [30254/17]

Written Answers — Department of Finance: Central Bank of Ireland Investigations (28 Jun 2017)

Pearse Doherty: 97. To ask the Minister for Finance the action the Central Bank has taken after it asserted in correspondence to him that it had received false and misleading information in the context of its investigation into the motor insurance sector; and if he will make a statement on the matter. [30391/17]