Results 4,221-4,240 of 6,295 for speaker:Michael D'Arcy

Seanad: Commencement Matters: Road Projects (11 Jul 2017)

Michael D'Arcy: The Cathaoirleach will have one next year.

Seanad: Commencement Matters: Public Sector Allowances (11 Jul 2017)

Michael D'Arcy: The mileage rates are designed to reimburse an officer for the costs incurred in using his or her own car on official business. The rates are set based on a methodology agreed with the staff associations. The methodology takes account of both overhead costs, such as car cost and insurance, and also running costs such as fuel costs and maintenance. Under the Haddington Road agreement, a...

Seanad: Commencement Matters: Public Sector Allowances (11 Jul 2017)

Michael D'Arcy: I will certainly do that for the Senator.

Seanad: Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (11 Jul 2017)

Michael D'Arcy: The issue of mediation is an important aspect of this Bill and of the Government's Bill on the amalgamation of the Financial Services and Pensions Ombudsmen. We had a constructive discussion of this section last week on Committee Stage. We are all in agreement on the benefits of mediation and desirability that it plays a central role in how the Ombudsman resolves complaints. It was agreed...

Seanad: Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (11 Jul 2017)

Michael D'Arcy: The Senator is very kind.

Seanad: Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (11 Jul 2017)

Michael D'Arcy: I note that the Senators have submitted an identical amendment to section 8 of the Bill and I thank them for their co-operation on this matter. Section 8 amends section 57CL of the Central Bank Act 1942 and provides that a complainant may appeal a finding of the Financial Services Ombudsman to the High Court within 35 days of notification of the Ombudsman's decision, or within such other...

Seanad: Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (11 Jul 2017)

Michael D'Arcy: I thank everybody concerned, starting with Deputy Doherty, who moved this Bill through the Dáil and Seanad, and all the Members of this House. The first time I took this Bill I said Senators would find me accommodating and flexible in trying to ensure that the best legislation would be passed. I thank the Senators for the debate and the staff at the Department of Finance. We have...

Summer Economic Statement 2017: Statements (13 Jul 2017)

Michael D'Arcy: I will begin by complimenting Deputy Maureen O'Sullivan. Her speech was the best this morning by a country mile. An incredible number of opinions were expressed this morning as though opinion was fact. While I do not want to spend too much time on that, I will touch on some of them. The redistribution of wealth operates via taxation through the Government. During the worst periods of...

Summer Economic Statement 2017: Statements (13 Jul 2017)

Michael D'Arcy: -----one gets to the high rate of tax, the marginal rate of 52%, when ones earns €33,800. To put that in context, the average industrial wage is €36,000. This is one of the very few jurisdictions in which one is able to get to 52%, the higher rate of tax, before getting to the average industrial wage. On the national debt, some of the things that were said earlier are...

Asian Infrastructure Investment Bank Bill 2017: Report and Final Stages (13 Jul 2017)

Michael D'Arcy: I move: "That Report Stage be taken now."

National Shared Services Office Bill 2016: Order for Report Stage (13 Jul 2017)

Michael D'Arcy: I move:"That Report Stage be taken now."

Mediation Bill 2017: Report Stage (Resumed) and Final Stage (13 Jul 2017)

Michael D'Arcy: I move amendment Nos. 28:In page 16, to delete lines 26 to 38, and in page 17, to delete lines 1 to 5.

Financial Services and Pensions Ombudsman Bill 2017: Order for Report Stage (14 Jul 2017)

Michael D'Arcy: I move: "That Report Stage be taken now."

Financial Services and Pensions Ombudsman Bill 2017: Report and Final Stages (14 Jul 2017)

Michael D'Arcy: I move amendment No. 2:In page 22, to delete lines 2 to 33 and substitute the following:“18. (1) In this section, “regulatory authorities” means the Bank, the Competition and Consumer Protection Commission and the Pensions Authority. (2) The Council and the Ombudsman shall co-operate with the regulatory authorities with a view to ensuring that this Act operates in a way...

Financial Services and Pensions Ombudsman Bill 2017: Report and Final Stages (14 Jul 2017)

Michael D'Arcy: I did not mean to cause confusion.

Financial Services and Pensions Ombudsman Bill 2017: Report and Final Stages (14 Jul 2017)

Michael D'Arcy: That is the expectation but it remains to be seen whether it will be realised. It will depend on what progress is made in the Seanad next week.

Financial Services and Pensions Ombudsman Bill 2017: Report and Final Stages (14 Jul 2017)

Michael D'Arcy: I move amendment No. 3:In page 26, line 29, to delete “substantiated or partly substantiated” and substitute “upheld, substantially upheld or partially upheld”. I will discuss amendment No. 3 with amendments Nos. 4, 6 and 11 to 15, inclusive, as they all relate to updating the categories of decision the Ombudsman can make in relation to complaints received and...

Financial Services and Pensions Ombudsman Bill 2017: Report and Final Stages (14 Jul 2017)

Michael D'Arcy: I will clarify that towards the end, if that is okay. I want to get a note on that.

Financial Services and Pensions Ombudsman Bill 2017: Report and Final Stages (14 Jul 2017)

Michael D'Arcy: I move amendment No. 4:In page 26, line 35, to delete “substantiated or partly substantiated” and substitute “upheld, substantially upheld or partially upheld”.

Financial Services and Pensions Ombudsman Bill 2017: Report and Final Stages (14 Jul 2017)

Michael D'Arcy: I move amendment No. 5:In page 27, line 8, to delete “finding” and substitute “decision”.