Results 3,041-3,060 of 8,277 for speaker:Jennifer Carroll MacNeill
- Ceisteanna Eile - Other Questions: Insurance Industry (7 Mar 2023)
Jennifer Carroll MacNeill: I tend to agree, but we also need insurers from different countries that are interested in moving into a market such as Ireland's. That is not necessarily a given, as it remains a small market with a number of insurers. It is not simply the case that, because we have a positive message, people are necessarily going to want to change their business model in order to operate in this market....
- Ceisteanna Eile - Other Questions: Insurance Industry (7 Mar 2023)
Jennifer Carroll MacNeill: Correct.
- Ceisteanna Eile - Other Questions: Insurance Industry (7 Mar 2023)
Jennifer Carroll MacNeill: I agree with the Deputy. He is aware that some of that is already happening. One of the questions I am asking is the extent to which more of that can be done and in what circumstances. I will update the House on the duty of care legislation. The Deputy is right about it being a matter for the Department of Justice, but it is my understanding that the legislation will be enacted before...
- Ceisteanna Eile - Other Questions: Insurance Levy (7 Mar 2023)
Jennifer Carroll MacNeill: I thank Deputy Dillon for the question. It is important to note there are various levies and contributions in existence on insurance premiums. These serve different and quite defined purposes. The 2% insurance compensation fund levy represents the only pure levy charged on insurance premiums. It covers the cost of claims in the State where an insurer goes into liquidation. The ICF was...
- Ceisteanna Eile - Other Questions: Insurance Levy (7 Mar 2023)
Jennifer Carroll MacNeill: I thank Deputy Dillon. I would like to clarify and come back to him in writing on some of the points he has raised. I hope that is okay. I will go back to some of the figures. Once the MIICF reaches €200 million the levy will be 0%. I would like to clarify this with the Department and come back to Deputy Dillon directly. It is important to set out to the House what is there at...
- Ceisteanna Eile - Other Questions: Insurance Levy (7 Mar 2023)
Jennifer Carroll MacNeill: I thank Deputy Burke. As he knows from his own legal experience, the terms of a settlement may include a confidentiality element. I appreciate Deputy Burke's position as a member of the Committee of Public Accounts as I was a former member with him. I would like to reflect on this with the Department of Finance to see whether or how such information could be shared, having regard to the...
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: And to treat water.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: I thank Deputies Mattie McGrath, Michael Collins, Danny Healy Rae and O'Donoghue for tabling this motion in regard to the protection of cash in the financial system. I also thank all of those who have contributed to the debate so far. As the Minister of State, Deputy Ossian Smyth, outlined, this is an important issue and a priority for the Government. We are not opposing the motion, given...
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: I can speak as I like, as you do.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: I addressed everyone's points.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: I gave dates.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: I said it will be the second half of this year.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: Next year.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: I gave the timeline.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: We are doing the same thing. We are doing the work. I gave the timeline.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: Yes.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: Yes.
- Protection of Cash as Legal Tender: Motion [Private Members] (8 Mar 2023)
Jennifer Carroll MacNeill: I will give two clarifications. Yes, that is what I am saying. The position now, in the absence of legislation, is what we are going to address by bringing through the national payments strategy in respect of the acceptance of cash and the requirement to accept cash as tender. In the absence of this legislation, it is a commercial decision and there is no legal obligation. What we have,...
- Ceisteanna ó Cheannairí - Leaders' Questions (9 Mar 2023)
Jennifer Carroll MacNeill: Nobody is doing that, though.
- Ceisteanna ó Cheannairí - Leaders' Questions (9 Mar 2023)
Jennifer Carroll MacNeill: They would love that.