Results 3,281-3,300 of 4,002 for speaker:Rose Conway Walsh

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

Rose Conway Walsh: Does the company check with the premium holder - the marts in this case - before settling a case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

Rose Conway Walsh: What about before the settlement? If the company is coming near the end of settling a claim, does the company go back to the premium holder and indicate the amount that will be paid out for an incident?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

Rose Conway Walsh: The deal is made with whoever is claiming and then the company goes back to the person with the premium.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)

Rose Conway Walsh: I will leave it at that. I have a case of a small mart that had just one claim, which was in 2016. Its insurance in 2017 was €12,200. Increases are constantly being piled onto the premium holder.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: Does Mr. O'Beirne accept that those 200 staff are right in stating that they were told verbally and by the bank's internal information system that they would have a right to move to tracker mortgages?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: Does Mr. O'Beirne accept that they are right?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: We can discuss that again, but does Mr. O'Beirne accept that they are right in asserting that they were told verbally and by the bank's internal information system that they had the right to move to tracker mortgages?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: Are our guests able to rule out the sale of performing restructured loans?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: I know that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: Ms McDonagh cannot rule out the sale of performing restructured loans at this stage.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: Once they are restructured, they are vulnerable to-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: We get the picture. The bank has indicated that it completed its review of the tracker issue at the end of 2018 and shared the information with the Central Bank. Did the review name the people the bank viewed as being responsible?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: I commend the bank on that, but I am asking about individual accountability. Did the bank pass the report on to the Garda, for example?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: Nobody is going to be held accountable.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: But no individual.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: I accept that, but no individual is going to be held accountable.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: We get the picture. Given the bank's €935 million profit in 2018, will Ms McDonagh update the committee on the extent of its corporation tax credits? Based on current profit levels, how many years will it be before the bank has to pay corporation tax?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: How much corporation tax?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: In Britain, the group made a profit of €173 million and paid €22 million, or 13% approximately, in corporation tax. It made €935 million in this State and paid €21 million. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Bank of Ireland (4 Apr 2019)

Rose Conway Walsh: It is interesting to compare the two. The bank pays €21 million in tax on €935 million here and pays €22 million on €173 million in Britain.