Results 7,121-7,140 of 27,945 for speaker:Michael McGrath

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Michael McGrath: I will be brief. Just a few additional questions, if I may. Under the troika programme, which is now concluded, there was provision for a central credit register, to be established as one of the key reforms in the financial sector. The legislation was passed in 2013 but the roll-out of the central credit register has been delayed. Can Mr. Boucher advise what impact, if any, that has on...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Michael McGrath: Does Mr. Boucher know why it is delayed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Michael McGrath: Mr. Boucher has not yet been given a date when it will be up and running.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Michael McGrath: I wish to raise the issue of many home-owners who, in a sense, are trapped in the property they are in because they are in negative equity. They might have a tracker mortgage rate. Bank of Ireland introduced a product in April 2013 for people on tracker mortgages who wish to move so that if they qualify for a mortgage they can keep the tracker rate plus 1% for five years on that original...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Michael McGrath: I just want to ask a technical question. If someone is on a variable mortgage and when they got the mortgage they were in a certain LTV bracket of maybe over 80% but some years later the property value has increased, they have more equity in the property and they fall into a lower LTV band, which would attract a lower interest rate, can they revise what band they are in or are they fixed in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Michael McGrath: No change.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Michael McGrath: That cannot be changed. What is the typical tracker rate being paid by Bank of Ireland customers? It is what plus ECB, typically?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Bank of Ireland (5 Nov 2014)

Michael McGrath: That is 105 plus the ECB rate. My final question is in the context of the Central Bank's proposed minimum mortgage deposit, which may or may not happen. Could I ask the bank what impact the introduction of non-recourse lending would have in Ireland? Would it have an impact on interest rates and the bank's disposition towards risk? It strikes me that if people are being required to stump...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff Redundancies (6 Nov 2014)

Michael McGrath: 26. To ask the Minister for Public Expenditure and Reform if he has conducted an analysis of the costs and benefits of the voluntary redundancy scheme which operated in the public service in 2013; and if he will make a statement on the matter. [42053/14]

Written Answers — Department of Public Expenditure and Reform: Oireachtas Joint Committee Reports (6 Nov 2014)

Michael McGrath: 36. To ask the Minister for Public Expenditure and Reform if he will require former senior public servants and executives of commercial semi-State companies to appear before Oireachtas committees investigating matters relevant to their actions while in the employment of the State; and if he will make a statement on the matter. [42054/14]

Written Answers — Department of Finance: Bank Stress Tests (6 Nov 2014)

Michael McGrath: 61. To ask the Minister for Finance if he will provide detailed information of the costs incurred by each of the five Irish based institutions in respect of the recently concluded European Central Bank asset quality review and stress tests, including details of the fees paid or owed to each professional advisory firm; the person who pays the cost of the asset quality review and the stress...

Written Answers — Department of Finance: Insurance Compensation Fund (6 Nov 2014)

Michael McGrath: 64. To ask the Minister for Finance the up-to-date position concerning the liquidation of Setanta Insurance including details of the number and value of claims currently lodged with the liquidator, split between third party and first party claims; the anticipated outcome of the liquidation in terms of the availability of funds to meet any outstanding claims; the steps that have been taken to...

Written Answers — Department of Finance: Tax Reliefs Cost (6 Nov 2014)

Michael McGrath: 65. To ask the Minister for Finance the cost of tax relief on medical and dental expenses in each year from 2010 to 2013; and if he will make a statement on the matter. [42593/14]

Written Answers — Department of Finance: Tax Credits (6 Nov 2014)

Michael McGrath: 72. To ask the Minister for Finance the cost of providing a flat €100 tax credit against water charges; the way this differs in cost from the tax credit proposed in the budget; and if he will make a statement on the matter. [42698/14]

Written Answers — Department of Health: Medical Card Data (6 Nov 2014)

Michael McGrath: 192. To ask the Minister for Health the full list of non medical benefits given to persons who hold a medical card; and if he will make a statement on the matter. [42696/14]

Written Answers — Department of Health: Nursing Homes Support Scheme Expenditure (6 Nov 2014)

Michael McGrath: 193. To ask the Minister for Health the total cost of nursing home provision in each year from 2011 to 2013; the amount of this which is funded by the State and the amount which is paid by residents based on 80% of their income; and if he will make a statement on the matter. [42697/14]

Written Answers — Department of Environment, Community and Local Government: Irish Water Administration (6 Nov 2014)

Michael McGrath: 238. To ask the Minister for Environment, Community and Local Government if Irish Water has been rated by credit rating institutions to date; and if he will make a statement on the matter. [42665/14]

Written Answers — Department of Environment, Community and Local Government: Irish Water Administration (6 Nov 2014)

Michael McGrath: 242. To ask the Minister for Environment, Community and Local Government the cost of extending the free water allowance for children to dependant 18 and 19-year-olds living with their parent; and if he will make a statement on the matter. [42699/14]

Written Answers — Department of Social Protection: Defined Benefit Pension Schemes (11 Nov 2014)

Michael McGrath: 172. To ask the Minister for Social Protection the changes contained in both Social Welfare and Pensions Acts 2009 and 2013 in respect of the entitlements of deferred members of pension schemes in the event of the schemes being wound up; and if she will make a statement on the matter. [43087/14]

Written Answers — Department of Finance: Semi-State Bodies (11 Nov 2014)

Michael McGrath: 186. To ask the Minister for Finance the market test criteria that Irish Water and other semi-State companies must meet in order for their costs not to be included in the general Government accounts; and if he will make a statement on the matter. [42850/14]