Results 19,081-19,100 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Banking Sector Remuneration (22 Nov 2012)

Michael Noonan: I refer the Deputy to PQ 51068 [No. 187] which I answered on Tuesday 20th and which provides information on the remuneration packages in AIB, BOI, PTSB, IBRC, NAMA and NTMA. With reference to the further information requested the Deputy will be aware officials in my Department and Mercer have been working on a remuneration review of the Covered Banks and do not currently have the...

Written Answers — Department of Finance: Banking Sector Remuneration (22 Nov 2012)

Michael Noonan: The Deputy should note that I have already provided the latest available information when responding to an earlier parliamentary question on 20 November (Ref: 51230/12) [No. 205]. The latest available information for the institutions are as follows: - Salary € (‘000) Pension € (‘000) Other benefits/ remuneration €(‘000) Amount Waived Total...

Written Answers — Department of Finance: Banking Sector Remuneration (22 Nov 2012)

Michael Noonan: As the Deputy will be aware officials in my Department and Mercer have been working on a remuneration review of the Covered Banks and do not currently have the information you have requested. My officials and the banks have provided a very significant level of detail on remuneration and pensions in the Covered Banks and other institutions in tight timeframes. We have received over 50...

Written Answers — Department of Finance: Banking Sector Remuneration (22 Nov 2012)

Michael Noonan: As the Deputy will be aware, officials in my Department and Mercer have been working on a remuneration review of the Covered Banks and do not currently have the information you have requested. My officials and the banks have provided a very significant level of detail on remuneration and pensions in the Covered Banks and other institutions in tight timeframes. We have received over 50...

Written Answers — Department of Finance: Banking Sector Remuneration (22 Nov 2012)

Michael Noonan: As the Deputy will be aware officials in my Department and Mercer have been working on a remuneration review of the Covered Banks and do not currently have the information you have requested. My officials and the banks have provided a very significant level of detail on remuneration and pensions in the Covered Banks and other institutions in tight timeframes. We have received over 50...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 131: In page 89, lines 12 to 16, to delete item 98.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 132: In page 90, line 14, to delete “sends notice” and substitute “serves notice”.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I thank the Vice Chairman and, in his absence, the Chairman, Deputy Ciarán Lynch, for what has been a very pleasant Committee Stage stage. I thank all Deputies for their co-operation and very good amendments. I also thank my officials who were up until 4 a.m. in order to prepare for the Committee Stage debate. I acknowledge their very hard work. Very often civil servants are given no...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: Deputy Boyd Barrett should take the train to Charleville and look at the credit union building down there.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: Deputies Humphreys and O'Donnell come closest to how I am thinking of resolving this. The amendment is in the same area. The board has a role, under section 53, of reporting to the credit union members, so there is still a function there. Under the old legislation, the treasurer is identified as the managing director of the credit union. The treasurer's responsibilities include executive...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 125: In page 84, lines 17 to 21, to delete item 43.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 126: In page 86, lines 31 to 39, to delete item 66.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 127: In page 86, lines 40 to 42, to delete item 67.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 128: In page 86, lines 55 to 56, to delete all words from and including "under" in line 55, down to and including "or" in line 56 and substitute the following:"an offence under section 27(2) or section 33(6) or".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 129: In page 87, lines 36 and 37, to delete "being voluntary" and substitute " being a voluntary".

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 130: In page 88, between lines 56 and 57, to insert the following: " 93 Section 114(1) Substitute: “(1) A person shall not be qualified for election as auditor of a credit union unless the person-- (a) is a member of a recognised accountancy body within the meaning of the European Communities (Statutory Audits) (Directive 2006/43/EC) Regulations 2010 (S.I....

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: All of Deputy Pearse Doherty's arguments are based on representations made by the credit union movement, which is fine. However, my perspective must focus on the best way to regulate the credit union movement. I am sticking on this one and not giving ground.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 93: In page 59, lines 25 to 29, to delete all words from and including “and” in line 25 down to and including “liabilities” in line 29.These are technical amendments.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 94: In page 59, lines 30 to 34, to delete all words from and including “The” in line 30 down to and including “requirements.” in lines 33 and 34 and substitute the following:“The Bank may prescribe the liquidity requirements that a credit union is required to maintain at a minimum as well as conditions on the application of the liquidity...

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance: Credit Union Bill 2012: Committee Stage (21 Nov 2012)

Michael Noonan: I move amendment No. 95: In page 59, line 38, after “proportion” to insert “and nature”.