Results 6,401-6,420 of 15,555 for speaker:Eoghan Murphy

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Order for Report Stage (21 Jul 2016)

Eoghan Murphy: I move: "That Report Stage be taken now."

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages (21 Jul 2016)

Eoghan Murphy: I move amendment No. 2:In page 4, between lines 11 and 12, to insert the following:“Decisions varying terms of Loan Facility Agreement 3. The terms in writing of any decision (other than a decision referred to in section 4(2)) to vary the terms of the Loan Facility Agreement shall be laid before each House of the Oireachtas as soon as may be after the decision is made and, if a...

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages (21 Jul 2016)

Eoghan Murphy: I thank the Deputies for their amendments. The issue was debated at length on Committee Stage. Deputy Doherty should note that it is not a question of the risk that we might be sitting at home unwilling or unable to come to the Chamber to make such a decision. It is about giving a higher degree of certainty now that in such an eventuality the funds could be released in a timely fashion,...

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages (21 Jul 2016)

Eoghan Murphy: I wish to clarify the point. There is a concern about both the Dáil and the Seanad not sitting because an election has been called and, therefore, it is not possible to recall either. That point still maintains.

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages (21 Jul 2016)

Eoghan Murphy: In response to Deputy Paul Murphy, 100% certainty is not possible, but in the unlikely scenario that the funds need to be approved within four days because of the risk to depositors and small businesses, there is a greater degree of certainty in having the Minister as the final check. This is the approval by the Oireachtas. This is the Single Resolution Fund, which we have signed up to....

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages (21 Jul 2016)

Eoghan Murphy: I move amendment No. 5:In page 4, to delete lines 18 to 20 and substitute the following:"(2) Notwithstanding section 2, no decision under the terms of the Loan Facility Agreement to vary the sum specified in subsection (1) shall be made without the prior approval of both Houses of the Oireachtas.".

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages (21 Jul 2016)

Eoghan Murphy: I move amendment No. 7:In page 4, line 23, to delete "6” and substitute "7(2)".

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages (21 Jul 2016)

Eoghan Murphy: I move amendment No. 8:In page 4, between lines 34 and 35, to insert the following:"(1) In addition to the obligation under the following subsections, the Minister shall, within one month from the date on which a payment of a sum under section 4 of the kind referred to therein is made to the Single Resolution Board, cause a statement of the amount of the payment to be laid before Dáil...

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages (21 Jul 2016)

Eoghan Murphy: I move amendment No. 9:In page 5, to delete line 8 and substitute the following: “(ii) the period in any year after 2016 from 1 January to 31 December, or”.

Finance (Certain European Union and Intergovernmental Obligations) Bill 2016: Report and Final Stages (21 Jul 2016)

Eoghan Murphy: I move amendment No. 10:In page 5, to delete lines 12 and 13 and substitute the following: “of the first-mentioned period in this paragraph).”.

Government Appeal of European Commission Decision on State Aid to Apple: Motion (7 Sep 2016)

Eoghan Murphy: I thank Deputies for their contributions to this important debate. I will address a number of issues raised on the floor of the House today. I welcome the support of Deputy Michael McGrath for the Revenue Commissioners who have been very clear that they gave no selective advantage and that the full amount of tax was charged in this case. I welcome the support for the appeal expressed by...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Eoghan Murphy: I thank the committee for the invitation to discuss the issue of the rising costs of motor insurance. Dealing with this issue is important and I welcome the initiative of this Oireachtas committee to hold public meetings over the coming weeks. I agree with the committee that this area requires urgent attention. I look forward to hearing what all the stakeholders attending the committee...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Eoghan Murphy: Four subgroups have been established. The first subgroup will consider the motor insurance sector and will be chaired by the Department of Finance. It will consider an analysis of the insurance market in Ireland and how it has evolved, the regulatory environment and how insurance premiums are set. The Central Bank will assist in this regard as well. The second subgroup pertains to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Eoghan Murphy: The subgroups will have their first meeting next week and the various members of the working group will divide into the subgroups depending on whether they think it is relevant to their Department or the work that they do. They then will go about engaging themselves with different stakeholders in the industry and the plenary of the working group also will engage with stakeholders.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Eoghan Murphy: Exactly. They will be departmental officials but the chairs have been asked to invite others into the subgroups if they think it could be of use to the work they are doing. The second subgroup will consider improved data availability, will be chaired by officials from the State Claims Agency and the Central Bank will assist in chairing that subgroup. This subgroup will give consideration...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Eoghan Murphy: I am more than happy to come back to individual questions if they are asked. It is just that some of the questions have been already asked by others and I do not want to pre-empt answering them in the context of how I have taken note of it and how I would like to respond. If there is a different model the Deputy would like to use in the next engagement, that would not be a problem.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Eoghan Murphy: As the committee engages with other stakeholders, it will get a chance to tease out several issues. This is an urgent issue. We have to be responsible in how we manage public expectation because there is much work that has to be done and can be done. I want to ensure we can see what those early priority actions are so we can get moving on this. If we can do that with consensus, it will...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Eoghan Murphy: Deputy Paul Murphy referred to the managing of expectations. I just want to be upfront about the challenges facing us. As we cannot control price directly, we must ensure we are building appropriate actions into a plan that everybody can buy into in order that we can get something done about the issue. I do not want to give people the false expectation that by October they will see...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Eoghan Murphy: Does the Deputy mean the named individuals who are on the working group-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Cost of Motor Insurance: Minister of State (7 Sep 2016)

Eoghan Murphy: -----and the named participants in the subgroups?