Results 4,781-4,800 of 6,295 for speaker:Michael D'Arcy

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael D'Arcy: I move amendment No. 11:In page 3, line 24, to delete "(8) Upon commencement of this subsection" and substitute "(6B) Upon the passing of the Fossil Fuel Divestment Act 2018".

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael D'Arcy: I move amendment No. 12:In page 3, lines 25 and 26, to delete ", directly or indirectly," and substitute "in a fossil fuel investment".

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael D'Arcy: I move amendment No. 14:In page 3, line 27, to delete "(9) The Agency" and substitute "(6C) The Agency".

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Fossil Duel Divestment Bill 2016 [Private Members]: Committee Stage (19 Apr 2018)

Michael D'Arcy: I move amendment No. 15:In page 3, line 29, to delete "commencement of this subsection" and substitute "passing of the Fossil Fuel Divestment Act 2018".

Community Employment Pension Scheme: Motion [Private Members] (24 Apr 2018)

Michael D'Arcy: I move amendment No. 1:To delete all words after “integral to the overall success and implementation of the CE schemes” and substitute the following:“— in July 2008, the Labour Court recommended that an agreed pension scheme should be introduced for CE supervisors and assistant supervisors; — the employees in question are, or were, employees of private...

Community Employment Pension Scheme: Motion [Private Members] (24 Apr 2018)

Michael D'Arcy: The commitment, dedication and hard work of community employment supervisors and assistant supervisors, who are employees of organisations in the community and voluntary sector, is greatly appreciated. These organisations deliver much-needed support services at community level to users every day throughout the year. The Department of Employment Affairs and Social Protection assumed...

Community Employment Pension Scheme: Motion [Private Members] (24 Apr 2018)

Michael D'Arcy: It must also be emphasised that while the issue at hand relates to community employment supervisors and assistant supervisors -----

Community Employment Pension Scheme: Motion [Private Members] (24 Apr 2018)

Michael D'Arcy: -----such individuals comprise just one small group within the wider community and voluntary sector and any provision of State funding for such a scheme in respect of those employees could potentially give rise to claims for similar schemes on the part of those in the broader sector, thus crystallising the potential level of liability that I have highlighted. It is therefore the case that,...

Community Employment Pension Scheme: Motion [Private Members] (24 Apr 2018)

Michael D'Arcy: -----particularly in light of the large size of the community and voluntary sector in Ireland. It is for these reasons that we are moving this amendment to the motion.

Markets in Financial Instruments Bill 2018: Order for Second Stage (3 May 2018)

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

Markets in Financial Instruments Bill 2018: Second Stage (3 May 2018)

Michael D'Arcy: I move: "That the Bill be read a Second Time." The Markets in Financial Instruments Directive II, known as MiFID II, is the cornerstone of European Union financial markets legislation, covering the regulation of investment services providers. It is changing how European markets operate for the better as we go forward, ensuring safer more transparent markets across the Union. MiFID II...

Markets in Financial Instruments Bill 2018: Second Stage (3 May 2018)

Michael D'Arcy: -----trading that has the potential to cause systemic risks. It improves transparency and oversight of financial markets, and for the first time establishes the principle of transparency for non-equity instruments such as bonds and derivatives. The Bill also introduces measures to deal with excessive volatility, improves conditions for competition in the trading and clearing of financial...

Markets in Financial Instruments Bill 2018: Second Stage (3 May 2018)

Michael D'Arcy: I thank all the Deputies for their contributions. I will respond in as much detail as I can. This legislation, the Markets in Financial Instruments Bill 2018, is very important. Ireland has developed a large financial services sector that is twice the size of the European average and employs more than 90,000 people in domestic and international financial services. I will put this into...

Markets in Financial Instruments Bill 2018: Referral to Select Committee (3 May 2018)

Michael D'Arcy: I move:That the Bill be referred to the Select Committee on Finance, Public Expenditure and Reform, and Taoiseach pursuant to Standing Orders 84A(3)(a) and 149(1).

Questions on Promised Legislation (9 May 2018)

Michael D'Arcy: The cost of insurance working group has been working pretty hard on this. The Office of the Parliamentary Counsel is drafting the legislation at present and we hope and expect that the Bill will be published before the end of this session.

Seanad: Report on Credit Union Sector: Statements (9 May 2018)

Michael D'Arcy: On behalf of the Minister for Finance, I welcome the committee's report. Along with the 2016 report of the Credit Union Advisory Committee, CUAC, and its forerunner, the 2012 report of the Commission on Credit Unions, it makes an important contribution to the debate on credit union reform. The committee's report was the subject of a memo to the Government and was debated during Private...

Seanad: Report on Credit Union Sector: Statements (9 May 2018)

Michael D'Arcy: I thank all of the Senators who have contributed to the debate. Any of them who has heard me speak about credit unions knows of my long-standing regard for them. The credit union in Gorey has helped or funded every business there, from medical practices to farmers and retailers. That has been the case less in the past two decades, but, as Senator Kieran O'Donnell said, the best of...

Topical Issue Debate: Public Liability Insurance (10 May 2018)

Michael D'Arcy: I thank the Deputy. This is a good opportunity to answer the question on insurance. There is one line from the report which is very relevant. It says that if we have high awards, we will not have low premiums, and we have very high awards in our insurance sector. All one has to do is look at any of the awards at the moment. Some of them are quite staggering. Both I and the Government...

Topical Issue Debate: Public Liability Insurance (10 May 2018)

Michael D'Arcy: Yes, all actions.

Topical Issue Debate: Public Liability Insurance (10 May 2018)

Michael D'Arcy: One of the things I found early in this process was that different companies have very different business models. There is a very great difference between FBD's model and Aviva's model. They all operate and they are all profitable but they all operate in different ways. One of the biggest issues in the conversations we will have in these Houses will be the capping of claims. As I have...