Results 2,981-3,000 of 36,054 for speaker:Pearse Doherty

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

Pearse Doherty: It is a very interesting concept. Will Mr. McConville give me an example? It is my understanding that if a flexi-loan arrangement was worked out, I could go to my local credit union and say I was pre-approved for a loan up to say €10,000 based on my income and so on. Would that be for a year or for two years? If it was for a year and my car broke down, I could use €5,000 for...

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

Pearse Doherty: I thank Mr. Owens for his presentation which has been circulated to members. He did not pull punches in his written submission when he stated the draft Bill as presented would not provide enabling legislation for credit unions but would, in fact, strangle the life out of them. That is definitely shooting from the hip. Many of the points raised by him were familiar, as they had been raised...

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

Pearse Doherty: Okay.

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

Pearse Doherty: Of course.

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

Pearse Doherty: If that option is not pursued and there is a focus on assets alone, does Mr. Owens think there should be a five-tier approach?

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

Pearse Doherty: I agree with Mr. Owens that we should proceed in that manner if we are not able to get the preferred model, based on risk, complexity and size. Approximately 80% of all credit unions fall into the middle of the three tiers which covers those with assets of between €10 million and €100 million. Is that not the case?

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

Pearse Doherty: Does Mr. Owens agree that if the legislation goes ahead, as drafted, with no treasurer on the board of directors, what will actually happen is that somebody will be appointed as a treasurer anyway? Is it possible that a person will carry out the role the treasurer has always carried out, although perhaps not with the title of "treasurer"?

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

Pearse Doherty: I agree with Mr. Owens on that point. His analogy regarding what is happening with the treasurer being removed, which involves the Secretary General of the Department of Finance presenting the budget each December, is a good one. We have had a great deal of discussion on head 20 which relates to the board of directors and on the term limits. The proposed subsection (10) provides that the...

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance in relation to the alleged unauthorised disclosure of information at the National Asset Management Agency by a former employee, the date on which NAMA notified the Office of the Data Protection Commissioner of the alleged unauthorised disclosure; the steps NAMA has taken to minimise the impact of the alleged unauthorised disclosure on its own operations and on...

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance in relation to the alleged unauthorised disclosure of information at the National Asset Management Agency by a former employee, the controls National Asset Management Agency has in place to prevent a recurrence of the alleged unauthorised disclosure of information. [40284/12]

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance in relation to the alleged unauthorised disclosure of information at the National Asset Management Agency by a former employee, the date on which NAMA notified An Garda Síochána; and if statements have been provided to the Gardaí by NAMA; and if so, the number of same. [40285/12]

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance in relation to the alleged unauthorised disclosure of information at the National Asset Management Agency by a former employee, the steps NAMA has taken to ensure that no potential purchaser of assets associated with its loans, derives any advantage over competing purchasers as a result of obtaining unauthorised commercially sensitive information in relation to...

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance in relation to the alleged unauthorised disclosure of information at the National Asset Management Agency by a former employee, if his attention has been drawn to any investigation of the matter at Ernst and Young; when such investigation was initiated; the terms of reference of any investigation; the status and results of any investigation; and the involvement...

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance in relation to the alleged unauthorised disclosure of information at the National Asset Management Agency by a former employee, the controls NAMA has in place to ensure that the provision of loan advisory services by Ernst and Young is not compromised as a result of the alleged unauthorised disclosure of information. [40288/12]

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance in relation to the alleged unauthorised disclosure of information at the National Asset Management Agency by a former employee, the number, original book value, sales status, sales value, sale completion dates of loan portfolios that in relation to which NAMA has engaged Ernst and Young to provide loan advisory services. [40289/12]

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance in relation to the alleged unauthorised disclosure of information at the National Asset Management Agency by a former employee, the number of companies to which Ernst and Young has been appointed as receivers at the behest of NAMA. [40290/12]

Written Answers — Department of Finance: NAMA Staff Unauthorised Disclosures (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance in relation to the alleged unauthorised disclosure of information at the National Asset Management Agency by a former employee, if he will provide the value of disposals made by Ernst and Young of assets to which NAMA had that company appointed as receiver. [40291/12]

Written Answers — Department of Finance: NAMA Qualifying Investor Fund (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance when the National Asset Management Agency expects to make an appointment for the provision of investment management services for its proposed qualified investments funds, the tender for which was issued on 25 January 2012 with a closing date for bids of 6 March 2012. [40292/12]

Written Answers — Department of Finance: NAMA Qualifying Investor Fund (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance when the National Asset Management Agency expects to make an appointment for the provision of custodian and fund administration services for its proposed qualified investments funds, the tender for which was issued on 3 February, 2012 with a closing date for bids of 15 March 2012. [40293/12]

Written Answers — Department of Finance: NAMA Qualifying Investor Fund (25 Sep 2012)

Pearse Doherty: To ask the Minister for Finance when the National Asset Management Agency expects to launch its first qualified investment fund; the anticipated value of the QIF; the nature of the assets that will be managed by the QIF; and how the QIF will be marketed. [40294/12]