Results 33,741-33,760 of 34,956 for speaker:Seán Fleming

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance (Miscellaneous Provisions) Bill 2022: Committee Stage (11 May 2022)

Seán Fleming: We do not have the information yet. Until now, it has been quite legal for them to do it and there is no provision against this abuse of customers’ loyalty. It is shocking that the insurance companies were doing that for years. That is why this is now coming to a head. The Central Bank has the regulatory powers to deal with the issue. In regard to the companies, the Central Bank...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance (Miscellaneous Provisions) Bill 2022: Committee Stage (11 May 2022)

Seán Fleming: This relates to the same issue. It is about the report on the issues we have just discussed.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance (Miscellaneous Provisions) Bill 2022: Committee Stage (11 May 2022)

Seán Fleming: I want to make the committee aware that, only in respect of this area, we are considering a technical drafting amendment to section 16A, which is being inserted by section 8 of this Bill. We will revert on this if we have an amendment on Report Stage. I am signalling now that we may have an amendment but no details have been finalised so I cannot get into any specifics. We will be upfront...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance (Miscellaneous Provisions) Bill 2022: Committee Stage (11 May 2022)

Seán Fleming: For the benefit of people who are listening, some of these amendments are amendments to the Consumer Insurance Contracts Act 2019, in which Deputy Doherty was involved a number of years ago. That has been in operation for a couple of years and these are technical amendments just to tidy up and improve some of the wording. I want to acknowledge it is the Consumer Insurance Contracts Act 2019...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance (Miscellaneous Provisions) Bill 2022: Committee Stage (11 May 2022)

Seán Fleming: I will put a note on the record. In order to protect consumers’ interests, section 11 amends the European Union (Insurance and Reinsurance) Regulations 2015. These amendments will provide for technical changes in order to address two issues identified by the Central Bank of Ireland and relating to the scope of an insurance temporary run-off regime for UK- and Gibraltar-authorised...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance (Miscellaneous Provisions) Bill 2022: Committee Stage (11 May 2022)

Seán Fleming: I have nothing to add, other than to thank the members of the committee.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Credit (Amendment) Bill 2022: Committee Stage (11 May 2022)

Seán Fleming: I move amendment No. 2: In page 6, between lines 27 and 28, to insert the following: “Amendment of section 92 of Act of 1995 5.Section 92 of the Act of 1995 is amended, in subsection (2), by the insertion of the following definitions: “ ‘financial services legislation’ has the same meaning as it has in the Central Bank (Supervision and Enforcement) Act 2013;...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Credit (Amendment) Bill 2022: Committee Stage (11 May 2022)

Seán Fleming: It would be €480.

Saincheisteanna Tráthúla - Topical Issue Debate: Income Inequality (25 May 2022)

Seán Fleming: I am pleased to have the opportunity to contribute to this discussion on Oxfam's recent global report on inequality levels. The report draws attention to important issues around wealth and income inequality, cost-of-living pressures and how policy in advanced economies can respond to these global challenges. In particular, the report highlights the negative effect the Covid-19 pandemic has...

Saincheisteanna Tráthúla - Topical Issue Debate: Income Inequality (25 May 2022)

Seán Fleming: I will highlight the fact that this is an international report in respect of Ireland's contribution to overseas development aid. To this end, we have increased the cash allocation of overseas development aid for the last eight consecutive years, with the contribution reaching over €1 billion for the first time ever this year. With regard to the global issues, we are making a...

Consumer Credit (Amendment) Bill 2022: Report and Final Stages (25 May 2022)

Seán Fleming: I thank Deputy Doherty for his proposed amendment, which we discussed on Committee Stage. Deputy Doherty and I agree on many elements of this Bill, including the need for a statutory interest rate cap. We are at odds here on the precise rate of that cap. Deputy Doherty's amendment would reduce the caps in the Bill and cut the caps in three years' time to rates that would compare with...

Written Answers — Department of Foreign Affairs and Trade: Passport Services (24 May 2022)

Seán Fleming: 324. To ask the Minister for Foreign Affairs and Trade when a refund for a passport application will be issued (details supplied); and if he will make a statement on the matter. [26384/22]

Written Answers — Department of Employment Affairs and Social Protection: State Pensions (24 May 2022)

Seán Fleming: 484. To ask the Minister for Employment Affairs and Social Protection if an application for the State pension (non-contributory) for a person (details supplied) will be re-examined; if the payment will be approved; and if she will make a statement on the matter. [26425/22]

Written Answers — Department of Health: Dental Services (24 May 2022)

Seán Fleming: 657. To ask the Minister for Health the current position in relation to private dental practices that will no longer offer services to medical card holders; and if there are plans for this service to be resumed in the near future. [26305/22]

Written Answers — Department of Health: Health Services Staff (24 May 2022)

Seán Fleming: 668. To ask the Minister for Health the expected timescale of the recruitment process for a position (details supplied); and if he will make a statement on the matter. [26401/22]

Food Price Rises: Motion [Private Members] (31 May 2022)

Seán Fleming: I thank the Deputies for putting forward this motion. I understand their motivation in doing so and welcome the opportunity for discussion on the issue of rising food prices. We are concerned with protecting our people from the severe financial and economic consequences of the recent worldwide spike in inflationary pressure. We are all aware that people are finding it harder to make ends...

Seanad: Consumer Credit (Amendment) Bill 2022: Second Stage (1 Jun 2022)

Seán Fleming: The Bill is the result of a detailed policy review within the Department of Finance, which included a public consultation in 2019. The report Moneylending: Policy Proposals was published by the Minister for Finance last July along with the heads of this Bill. The main proposal is the introduction of an interest rate cap on moneylending loans. The feedback from the public consultation on...

Seanad: Consumer Credit (Amendment) Bill 2022: Second Stage (1 Jun 2022)

Seán Fleming: I thank all the Senators who spoke on the Bill. Generally, I think everybody is supportive of the legislation, despite some issues of concern. The first question asked was how this will all work because we have given just an outline of the Bill. One of the key differences is that, until now, a prospective moneylender had to go to each court to get a licence. That now will be done by the...

Insurance (Miscellaneous Provisions) Bill 2022: Report and Final Stages (1 Jun 2022)

Seán Fleming: I move amendment No. 1: In page 6, line 31, to delete “or in relation to”. It might help if I give an explanation. It is a simple amendment. I will only take a few moments and then give Members of the Opposition an opportunity to speak. It is a very simple four-word amendment. On Committee Stage I indicated that the Department was considering a technical drafting...

Insurance (Miscellaneous Provisions) Bill 2022: Report and Final Stages (1 Jun 2022)

Seán Fleming: I am grateful for the contribution of Deputy Doherty, in particular, and other members of the Opposition to the entire insurance debate, as exemplified during the course of the passage of this legislation.