Results 5,721-5,740 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Ciarán Lynch: I will also allow Deputy Boyd Barrett in, as I wish to wrap things up.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Ciarán Lynch: I will allow the Deputy to ask a supplementary question later.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Matters Relating to the Economy: Discussion with Governor of Central Bank (25 Sep 2013)

Ciarán Lynch: I thank the Governor, who, despite the statement in our note to the effect that he was to attend with his colleagues, turned up on his own to deal with us, as usual. The committee members appreciate his having made himself available for an extensive period this afternoon. As he knows, the target figure is moving to 35% in October, and 15% at the end of the year. We have signalled to the...

Written Answers — Department of Social Protection: Invalidity Pension Appeals (1 Oct 2013)

Ciarán Lynch: 379. To ask the Minister for Social Protection when a determination will be made on an appeal for invalidity pension in respect of a person (details supplied) in County Cork; and if she will make a statement on the matter. [40611/13]

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Public Service Management (Recruitment and Appointments) (Amendment) Bill 2013: Committee Stage (2 Oct 2013)

Ciarán Lynch: I note for procedural purposes that there is a vote in the Chamber. Deputy Fleming has indicated that he can pair with the Chair, so we can complete this Bill if the Minister agrees.

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform: Message to Dáil (2 Oct 2013)

Ciarán Lynch: In accordance with Standing Order 87, the following message will be sent to the Dáil: The Select Sub-Committee on Public Expenditure and Reform has completed its consideration of the Public Service Management (Recruitment and Appointments) (Amendment) Bill 2013 and has made no amendments thereto.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Scrutiny of EU Legislative Proposals (2 Oct 2013)

Ciarán Lynch: The committee is now in public session. We are dealing with item No.7 on our agenda, the recording of decisions taken at the EU scrutiny sub-committee meetings of 19 June, 23 July and 02 October 2013. This item is purely technical as the committee wishes to read into the public record the recommendations agreed at the sub-committee meetings. At the meeting of 19 June, it was recommended...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: We will now move on to item No. 8, which is scrutiny of COM (2013) 71, a proposal for a Council Directive implementing enhanced co-operation in the area of financial transaction tax. In doing so, I would like to welcome Ms Brenda McVeigh, Mr. Seamus Milne and Mr. Liam Smith from the Department of Finance and from the Revenue Commissioners, Mr. Jim Byrne, Mr. Brian Doyle and Ms Marie Hurley....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: I thank Ms McVeigh for a very comprehensive statement. I propose the committee publishes this document on its website. We will designate ten minutes for the first group of questions and will finish with supplementary questions. Mark Twain once said there are two certainties in life - death and taxes. The certainty of the FTT is the question for today. The last update we received in May...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: Ms McVeigh spoke about the timeline being moved out to May 2014.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: What is targeted to be done by then? What is hoped to be achieved by the middle of next year?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: In terms of pros and cons, is there an advantage to Ireland staying outside this process or is there an advantage to being inside it? I assume costings have been done as to the cost to the Revenue Commissioners and the Exchequer if we were to engage in this. Has that type of modelling been done and is there a figure as to how much it would cost the Irish economy if we were to partake in the FTT?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: That seems to be a very informed opinion. What external opinions have been offered on not participating in the FTT?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: In terms of the Custom House clearing group, did those briefings go through that process, or were they informed by that process?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: Taking on board what Ms McVeigh said, there certainly seems to be a level of reservation in the Department of Finance and in the Government on this issue. If it were to proceed, has some consideration been given the sort of negative results which might arise? Will there be relocation of financial services from the EU? Will tax avoidance measures arise? Will this reduce the trading volume...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: If we remain outside the FTT and the other 11 member states go ahead with it, is Ms McVeigh saying there will be an impact?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: If one was to look at a map of the world, the Irish Financial Services Centre should not have taken off in Dublin. A global leader in financial services - London - is less than one hour's flight away but we are uniquely different from London and financial services have worked for that reason as well as others. The predominant reason is that this is an English speaking country which is in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: Has any of the analysis shown that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Financial Transaction Tax: Discussion with Department of Finance (2 Oct 2013)

Ciarán Lynch: It is not in the eurozone.