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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations of the National Lottery: Discussion (7 Mar 2017)

Paddy Burke: Most of the 21 instant games online are based on scratch card games. However, instant lotto and mini keno are played online and they are more addictive than the games which are based on scratch cards. Mr. Sloyan says that from time to time the regulator employs consultants or experts from around the world to help adjudicate on various things. Have they expressed any view on how some of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations of the National Lottery: Discussion (7 Mar 2017)

Paddy Burke: Are the assessments published from time to time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations of the National Lottery: Discussion (7 Mar 2017)

Paddy Burke: Can they be?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations of the National Lottery: Discussion (7 Mar 2017)

Paddy Burke: One of the key functions of the regulator relates to the control of the national lottery fund and the paying out of grants to good causes. Who decides on the good causes? It is the Government?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations of the National Lottery: Discussion (7 Mar 2017)

Paddy Burke: Does that happen once a year or more regularly?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations of the National Lottery: Discussion (7 Mar 2017)

Paddy Burke: Is the money transferred once a year or once a week?

Seanad: Order of Business (9 Mar 2017)

Paddy Burke: I wish to be associated with the expressions of sympathy to the families in Clondalkin, to wish the victim who is in hospital well and to wish her a speedy recovery. I ask the Leader to consider inviting the Minister for Foreign Affairs and Trade to the House in the not too distant future to discuss the many problems that returning emigrants encounter when they come back to Ireland,...

Seanad: Order of Business (9 Mar 2017)

Paddy Burke: We are not going to bring the Senator to court anyway.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (9 Mar 2017)

Paddy Burke: The Department said it wanted to introduce amendments to two key areas, the capital requirement regulation, CRR, and the capital requirement directive, CRD, which were adopted in 2013 as potential requirements for institutions and rules on governance and supervision of the institutions operating in Europe. Since those were introduced in 2013, have any of the banks or financial institutions...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (9 Mar 2017)

Paddy Burke: A number of changes are also proposed to the bank resolution framework. As the IMF noted last year the framework has, together with the single resolution mechanism, significantly strengthened the resolution regime in Ireland and in the EU. We in Ireland paid a hefty price but is there an admission in the statement of Mr. Cross that, as well as Irish banks, the EU failed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (9 Mar 2017)

Paddy Burke: If we had a similar downturn in the future, the fact that all these safety valves are in place means a crash should not happen.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (9 Mar 2017)

Paddy Burke: Does the prospect of the euro, dollar or sterling being backed by gold come into the argument? The idea of backing a currency with gold has gone out of the window.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (9 Mar 2017)

Paddy Burke: It is an important question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Paddy Burke: I welcome the delegation. It is quite easy to see that the credit union movement is trying to operate with its hands tied behind its back, as it were. Is there a difference between the credit unions' lending in the North and in the South?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Paddy Burke: They both operate under different Central Bank regulations. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Paddy Burke: In terms of the cash pile held by the credit unions, the witnesses are looking for a change in legislation to allow them to invest in housing projects that-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Paddy Burke: In both jurisdictions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Paddy Burke: The Central Bank that is governing the North has the same problem with the idea as the Central Bank here. Is that right?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Paddy Burke: Can credit unions enter the mortgage market in the North?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Paddy Burke: Is there a limit on the amount?

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