Results 1,901-1,920 of 7,061 for speaker:Rose Conway-Walsh
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: How much did they spend?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: I am trying to reconcile how the Bank of England would spend millions of euro and we would spend €2,000 on something. I know the other campaign was started in November.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: I know, but it is €2,000 compared to millions. I am trying to get a measure of how serious we are about tackling it, about prevention, and about raising public awareness so it does not happen in the first place.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: It is obviously not enough because there are millions being scammed all of the time. We have to-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: It would be interesting for the committee to be told how much was spent in 2023 and how much spending is planned for 2024. That would be useful information.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: We do understand that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: Is Ms Rowland satisfied that enough people are hearing the message?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: I am talking about the Central Bank. We will leave that there and find out how much was spent and the penetration and measurement of the outcome in terms of how many people it prevented from being scammed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: I know how things are measured. I move on to the pyrite and mica scheme, because we have had discussions on this before. Will Ms Rowland detail the progress that has been made from the bank's engagement with the financial services industry and the representation groups to advance the work they promised to do? Will she let us know what is happening there? We have a situation at the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: Is Ms Rowland fully satisfied that homeowners affected by mica and pyrite have access to credit in the way they should? She keeps saying that the Central Bank has a supportive role but is there any role that the Central Bank can play to ensure that these homeowners - whose houses are owned by the banks in the main, which means the banks have a huge interest in this - have access to credit in...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: I understand that the Central Bank does not run the scheme.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: I really do understand that but I am trying to find out how we can improve access to credit for people who need it. In many cases, if their lives had gone on as normal, these people would be in their 50s and 60s and have their mortgages paid off but they now find themselves in a situation where they desperately need access to credit. What can the Central Bank do to facilitate that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: Is there nothing at all that the Central Bank can do?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: This has gone on for years and years and people will be really disappointed that the Central Bank cannot play any more than a supporting role in this. Obviously what homeowners wanted was a bespoke scheme that would get them out of this situation. This is not a normal situation. We have a situation where people desperately need credit and need to be able to get on-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: The scheme is live as it is, so I will continue to pursue this with the individual banks. Can our guests give us a ballpark figure of how much the big three retail banks have on deposit with the ECB?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: What is the current rate from the ECB? Is it 4%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: Obviously competitiveness is a big issue for us here. We do not have adequate competition in the banking market. How does the Central Bank deal with that lack of competition in the context of greater regulatory oversight and action? What steps has the Central Bank taken to ensure that the banks pass on interest rate increases to savers in a timely manner? Obviously the banks are making...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: I did not say that either. I said there is less competition.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: Is Mr. Makhlouf satisfied that the balance is right between that slow pass through and the pass back in terms of the deals the banks are giving?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (14 Feb 2024)
Rose Conway-Walsh: I just want to see how the Central Bank introduces fairness in the context of 4% being made on €90 billion and how that is passed on. I want to know that there is a fairness in the system and that consumer rights are being upheld. It is about fairness.