Results 2,181-2,200 of 9,393 for speaker:Alex White

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: To remind committee members, the Central Bank approach to this is that institutions shall review board membership at least once every three years, institutions shall formally review the membership of the board of any person who is a member for nine years or more and it shall document its rationale for any continuance and so advise the Central Bank in writing, the frequency with which board...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Is it Mr. Johnson's view that head 20(14) should be amended in order to provide for that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I do not want to restrict Mr. Johnson in any way. If there is any overarching comment that he wants to make about the philosophy lying behind any of this, he should feel free to make it and there will be an opportunity to do so. However, I do not want to let him go without ensuring that we touch on each one of the specifics CUDA has raised. The next aspect is the resolution fund levy in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I understand that. On the tiered approach in respect of restructuring, we heard a number of bodies questioning the various bands. Is that also the point CUDA is raising?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Mr. Johnson’s submission notes that he has already indicated to the Department in regard to part 5 of the scheme that a stand-alone single point of reference should be developed for credit unions and that it refers to a sector impact analysis. I ask him to elaborate briefly on what he has in mind.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Would it ultimately be possible to extract all of the legislative provisions that have a bearing on credit unions and include them in a single Bill? Is it not inevitable that some of the regulatory framework applying to the credit union movement cannot be extracted?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Would Mr. Johnson like to add anything further by way of general comment?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I do not want to stop Mr. Johnson from making his remarks, but that Bill which is very complex is being dealt with by a different committee. We are not actively engaged in deliberating on it, but that does not mean we are not interested.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: As there are no further questions for Mr. Johnson, we will proceed to the Credit Union Managers Association. I welcome Ms Gilleece and I thank her for her submission. The chief point is that the association supports the final report of the commission. It makes the observation that the commission's report was agreed unanimously by those who attended and participated. It also takes the view...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: The Deputy drew an analogy rather than stating it was the same thing.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: As Ms Gilleece is diligently taking a note of the questions, I will take advantage and allow more questions instead of reverting to her directly, if she does not mind. Deputies Spring and Boyd Barrett are next.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: We can only take that issue so far. The point has been well made.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I understand what the Deputy is driving at, but the only way to deal with it is to put a contention made by another body to these witnesses instead of asking them to comment on why they believe another organisation does not agree with them. Does the Deputy know what I mean?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: The other organisations are not present. If a body that attended earlier said X and the witnesses appeared not to agree with it, the Deputy could put the matter to them. I want to be fair to everyone, including those who are not present.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Am I ahead of the Deputy? That would be unusual.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: I think Ms Gilleece was quoting the regulator who stated that most of the problems were by reason of poor governance.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Has Deputy Boyd Barrett finished?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: We cannot spend too much time on that issue as that legislation is a matter for another committee. I will allow a brief response to the Deputy's question. We cannot make that legislation the subject of debate here. As I understand it, the Select Committee on Justice, Defence and Equality recently completed Committee Stage of the Bill and it has been returned to the Dáil for Report Stage.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Perhaps Ms Gilleece would quickly dispose of her response to Deputy Boyd Barrett's questions and move on to Deputy Humphreys' questions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Alex White: Mr. Johnson wishes to add a postscript. Has Ms Gilleece completed her responses?