Results 3,141-3,160 of 25,732 for speaker:Darragh O'Brien
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: In the context of those in mortgage arrears.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: That was unfortunate.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: I welcome the insertions and I commend Senator Gilroy on raising this point on Committee Stage. I am on the record as opposing the pillar banks approach because I thought we missed an opportunity by subsuming EBS into AIB as outside investors were interested in doing that. Competition will be the issue. The Minister's amendment attempts to entice competition into the market. The only...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: We are all right; do not worry.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: Is that the Minister, Deputy Shatter's, book.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: I am sorry.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: The Minister of State is very welcome. I am taking up advice I received from the Leader of the House, Senator Cummins, this morning-----
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: -----and to follow the words on reform which Senator Barrett spoke. We all want the banking sector to be reformed. The amendment is sensible and I hope the Minister of State will accept it. I have participated in the debate on the Bill from Second Stage on. A great many good suggestions have been put forward by Members on all sides. In the context of banking reform and Central Bank...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: It may be. I have tried to raise it on a number of occasions over the past week in advance of this being published. I was told this morning by Senator Cummins that the opportunity to raise it would be here this evening during the debate on the Bill. I see that there is a problem with doing that, but we have not, unfortunately, been provided with any time to discuss the new code of conduct...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: I respect fully what the Cathaoirleach is saying. The protection that was previously afforded to those in mortgage arrears has been removed. My next point may be more in order. We talk about supervision and enforcement in the Bill and we would like the banks to co-operate. Banks refer consistently to co-operating and non-co-operating borrowers. Has Government, or the Central Bank, set out...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: The Government and, in particular, the Central Bank have removed many of the protections which were there. I am interested to hear from the Minister of State what the rationale was for loosening or removing the safety net for those in mortgage arrears. Having spoken to people in all walks of life, it appears the code of conduct is far from what is required. It worries me immensely. Is it...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: On four occasions, the House has voted down an opportunity to discuss this. I hope the Minister of State might refer to it.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: In the context of those in mortgage arrears.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: That was unfortunate.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: I welcome the insertions and I commend Senator Gilroy on raising this point on Committee Stage. I am on the record as opposing the pillar banks approach because I thought we missed an opportunity by subsuming EBS into AIB as outside investors were interested in doing that. Competition will be the issue. The Minister's amendment attempts to entice competition into the market. The only...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Darragh O'Brien: We are all right; do not worry.
- Seanad: An Bille um an Dara Leasú is Tríocha ar an mBunreacht (Deireadh a Chur le Seanad Éireann) 2013: An Dara Céim (Atógáil) - Thirty-second Amendment of the Constitution (Abolition of Seanad Éireann) Bill 2013: Second Stage (Resumed) (3 Jul 2013)
Darragh O'Brien: Hear, hear.
- Seanad: An Bille um an Dara Leasú is Tríocha ar an mBunreacht (Deireadh a Chur le Seanad Éireann) 2013: An Dara Céim (Atógáil) - Thirty-second Amendment of the Constitution (Abolition of Seanad Éireann) Bill 2013: Second Stage (Resumed) (3 Jul 2013)
Darragh O'Brien: Well said.
- Seanad: Order of Business (4 Jul 2013)
Darragh O'Brien: I thank the Leader for extending the time for Second Stage of the Thirty-second Amendment of the Constitution (Abolition of Seanad Éireann) Bill 2013. We have six speakers remaining and I acknowledge the position on the Government side. The proposal is sensible in that it will give everyone who wants to speak an opportunity to do so. That is important. On Tuesday, I tabled an...
- Seanad: Order of Business (4 Jul 2013)
Darragh O'Brien: It was drawn up by the Department of Finance.