Results 7,381-7,400 of 36,188 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: Mr. Prasifka claims the statutory instrument in question came from the Minister for Finance.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: The statutory instrument came from the Financial Services Ombudsman Council. It did not come from the Department of Finance and or from the Minister but from your own council which sets regulations on how the office deals with these matters.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: Can we clarify the following issue? A person was involved in this matter which was supported across the House. Amendment No. 77 to the legislation specifically allowed for a description of a complaint to be given in an upheld complaint. A lengthy debate on the issue took place over a number of days and it was the Financial Services Ombudsman Council, not the Minister for Finance or the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: Does the witness now acknowledge that it is within the council's gift to set its own rules and regulations in accordance with section 57BD of the original Act and amended by the legislation we dealt with last year. Therefore, it is completely within the council's gift to outline the regulations in the form it will report, as it has done, as long as it is laid before the Houses and has the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: The Financial Services Ombudsman Council did not seek-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: Why not? This was a major part of the debate in the House on the way the Financial Services Ombudsman would report.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: So it is a bureau. There is the council which advises the office and sets regulations and the bureau comprising the witnesses which furnishes this report, but this was done hand-in-glove. The council and the bureau worked hand-in-glove on this matter right through the whole process. The bureau knew this was the type of statutory instrument that would have been given effect. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: The statutory instrument, which the ombudsman has said bars the office from giving a description was laid before the House on 25 February, just last week. Only then was it decided that the ombudsman cannot give a description under this reporting scheme. The ombudsman published the report the following morning. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: Did the ombudsman have to start writing the report when he found out that this statutory instrument would deny him the right to give a description as contained in the original legislation, or as I claim, was this hand-in-glove - did he know all along that he would not give effect to part of the legislation, which allowed him to describe the substantive claim?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: I acknowledge that completely.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: For the record, I acknowledge the bureau is independent of the council and it is the council and the Department who are examining these regulations. A Government amendment allowed for the description of a substantiated claim to be reported. It is my view, and it was the Government’s view, that the report should not describe every substantiated claim because some may be minor or...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: Does Mr. Prasifka support the powers that part of the legislation confers on his office? Is it something he would like to use?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: I will do it but I do not know why the Chairman is getting uptight about this issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: I do not want the letter re-issued. I am talking about consistency. If you wish, Chairman, I will point out where a Senator questioned a witness about the six-year rule, with no intervention from the Chair. It was a completely appropriate line of questioning. I do not intend to put Mr. Prasifka on the spot by asking whether he supports legislation or the rule of law in the State. Does...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bi-annual Review 2013: Financial Services Ombudsman (5 Mar 2014)

Pearse Doherty: I thank Mr. Prasifka. I know my line of questioning might have been critical. I was considering some of the challenges facing the office but I commend Mr. Prasifka. Many of my constituents have approached the office and been dealt with speedily and kept up to date, even pending an appeal. I commend Mr. Prasifka and wish him the best, and good luck for the future. I hope we can take those...

Written Answers — Department of Finance: General Government Debt (6 Mar 2014)

Pearse Doherty: 45. To ask the Minister for Finance if he will show in figures the effect on the general Government deficit if EUROSTAT rules that the €240 million declared as an equity investment in the Estimates for Irish Water is not in fact an equity investment and that it must be factored into the general Government deficit. [11205/14]

Written Answers — Department of Finance: State Bodies Issues (6 Mar 2014)

Pearse Doherty: 46. To ask the Minister for Finance the number of equity investments he has made in State owned companies since March 2011; and the number he plans to make in 2014. [11206/14]

Written Answers — Department of Finance: Banking Operations (6 Mar 2014)

Pearse Doherty: 50. To ask the Minister for Finance if he has expressed any concern to Ulster Bank regarding its global restructuring group division and its treatment of viable businesses. [11354/14]

Written Answers — Department of Finance: Banking Operations (6 Mar 2014)

Pearse Doherty: 51. To ask the Minister for Finance if his attention has been drawn to the alleged actions of Ulster Bank’s global restructuring group division in forcing viable businesses to liquidate; and if he will make a statement on the matter. [11355/14]

Written Answers — Department of Finance: Banking Operations (6 Mar 2014)

Pearse Doherty: 52. To ask the Minister for Finance the safeguards that are in place to prevent a foreign owned bank with an Irish subsidiary using its Irish bank as a bad bank and liquidating viable Irish businesses to provide a cash injection to the parent bank. [11356/14]