Results 381-400 of 4,002 for speaker:Rose Conway Walsh

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland (8 Dec 2016)

Rose Conway Walsh: The representatives of all the banks who have appeared before the committee have told us that they have sold portfolios of mortgages to vulture funds, and they could not give a commitment that they would not do so in the future. Will the Central Bank stop loans being sold to unregulated vulture funds? Is there any mechanism available to the Central Bank to stop that happening?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland (8 Dec 2016)

Rose Conway Walsh: In its consumer protection role is the Central Bank saying that it does not need any extra legislation to protect mortgage holders from their mortgages being sold to unregulated lenders?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland (8 Dec 2016)

Rose Conway Walsh: That is the problem I have. The banks' representatives have told us that once the loans have been sold, they have no further interest in what happens in the relationship between the buyer and the mortgage holder. The witness is saying the Central Bank has enough teeth to be able to protect those home owners.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland (8 Dec 2016)

Rose Conway Walsh: It does not fill me with confidence about how mortgage holders will be protected into the future. There is a great deal of emphasis on the contract. What role does the Central Bank play in the composition of the contract to ensure there is enough flexibility for people to switch and do whatever else might be required and that there is consumer protection in the contract?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland (8 Dec 2016)

Rose Conway Walsh: I thank the witnesses.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: I thank the two witnesses for their presentations. The Minister has not been able to answer a question and I wonder if Mr. Coffey has a view on it. Is the knowledge development box, as operated in this State, compatible with the proposed CCCTB, and would it be included as part of the tax base for the purpose of a common tax base?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: It would be non-compatible.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: The issue of the 25% non-trading rate and the 33% rate is very important. It is nice to hear the witnesses from the Irish Tax Institute argue for the retention of the higher bands for once. If I understood Mr. Coffey correctly, the combined effect of abolishing those two rates would mean €425 million less to the Exchequer. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Is that based on all companies opting into the CCCTB or just those for which it is mandatory?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Unlike the 2011 proposal, the Commission is focusing politically at this time on the role of the CCCTB on combating tax avoidance, from what we have heard today, we would be abolishing the higher rates and letting very large companies shift to a narrower tax base. Does Mr. Coffey think the Commission is trying to hijack the genuine and justified public anger at corporate tax avoidance to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Is there not a fundamental issue here in that only acting at the EU level will not work as long as there are countries outside the EU that will still happily facilitate avoidance? How would the witnesses suggest that we progress that issue? For instance, Oxfam suggested creating a global tax body to lead and co-ordinate international tax co-operation that includes all countries on an equal...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Mr. Coffey and the Tax Institute specifically mentioned the issue of court jurisdiction. We know we must have a referendum on the EU patent court, and my party has received legal advice to the effect that the TTIP agreement would require a referendum as TTIP sets up its own court above and beyond our courts. On this basis, is the Tax Institute saying it believes there may be a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: More broadly, as we know the committee's scrutiny remit is technical but we must decide solely whether the proposal breaches the principle of subsidiarity rather than on politics. Do any of the witnesses have a view as to whether legally the EU should be doing this based on the principle of subsidiarity?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Does it interfere with the principle of subsidiarity in the decisions being made at a local level?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (Resumed). (13 Dec 2016)

Rose Conway Walsh: Could I ask Mr. Coffey-----

Seanad: Order of Business (14 Dec 2016)

Rose Conway Walsh: I agree with Senator McDowell. The solution to what he spoke about would have been for the Government and Fianna Fáil to have supported the Rent Certainty Bill that Sinn Féin proposed in June.

Seanad: Order of Business (14 Dec 2016)

Rose Conway Walsh: Trying to shut the door after the horse has bolted is difficult, but I agree that cramming this in at the last minute without scrutiny is not the right way to do business and it certainly is not new politics. Of course, our Bill was a Sinn Féin Bill and we could not have that - new politics would not provide for it. Today I will speak to the review of the concessionary charges and rules...

Seanad: Order of Business (14 Dec 2016)

Rose Conway Walsh: -----bringing about an annual saving of €15.85 million. If the Senator does not believe me, he can check it out. Withdrawing services and reducing the size of buses prevents children from using school transport and is a short-sighted move that feeds into the economic and social inclusion of, in particular, the working poor. Those families work long hours on low wages are already...

Seanad: Finance Bill 2016: Report and Final Stages (14 Dec 2016)

Rose Conway Walsh: I have said all I want to say about the Bill in the previous debates. It is short-sighted. It is very obvious thousands of home owners are in the situation outlined by Senator O'Donnell with regard to vulture funds. The Central Bank has done absolutely nothing regarding the packages of non-performing loans being sold off to these vulture funds, which are completely unregulated and can...

Seanad: Order of Business (15 Dec 2016)

Rose Conway Walsh: One of the most-----