Results 7,441-7,460 of 7,489 for speaker:Cian O'Callaghan

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Mr. Makhlouf has told us the issuer took the initiative.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Were there any discussions with the issuer before it made that request for a transfer?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Only the issuer could take initiative.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: The Central Bank, under no circumstances, could take the initiative.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Yes, and I will make my question clear. Did the Central Bank advise or suggest to the Israeli State to take the initiative of requesting a transfer?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: If there were no discussions around that with the issuer, Mr. Makhlouf could simply deny it because it would not break any confidentiality.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Why will Mr. Makhlouf not deny that and say that no discussions took place in which the Central Bank suggested to the State of Israel to request a transfer? Why not simply deny that? That would not break any confidentiality if it did not take place.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: How would that break confidentiality if no such discussions took place?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: I am not asking Mr. Makhlouf to disclose any confidential information the Central Bank received from the State of Israel. I am asking him to explain to us, as a committee, the role the Central Bank played. I do not want confidential information on the State of Israel and I am not asking Mr. Makhlouf for it. I am asking whether the Central Bank provide any guidance, advice or suggestions to...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Mr. Makhlouf will not answer that question and will not let us, as an Oireachtas committee, know.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Mr. Makhlouf will not tell us the date that the issuer-----

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Will Mr. Makhlouf tell us who made this decision on the transfer? This is a function of the Central Bank, so who in the Central Bank made the decision to approve the transfer?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Can Mr. Makhlouf tell us about the decision-making process? Who signed off on it? Were there any dissenting views expressed during that process, and under what criteria was that decision made?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: To be clear, the Central Bank is under no obligation to approve that transfer. It can make a decision to approve or not. Is that the situation?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Were there any dissenting views in that decision-making process?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: I am not asking about the discussions the Central Bank had with the State of Israel, on which Mr. Cross is citing confidentiality. I am asking about the Central Bank's decision-making process. Were there any dissenting views? Mr. Cross should be able to give us that information. It does not involve the Central Bank's discussions with the State of Israel.

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Did the Central Bank consider the implications of Ireland's obligations under the Genocide Convention when making a decision to approve this transfer?

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: This is quite a clear question. Mr. Cross has dodged most of the questions I have asked, citing confidentiality in terms of discussions with the State of Israel. He will not tell me whether there were any dissenting views. I will ask Mr. Cross a clear question now. Did the Central Bank consider Ireland's obligations under the Genocide Convention when making the decision to approve this...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: Article 88 of the EU prospectus regulation states: This Regulation respects the fundamental rights and observes the principles recognised in particular by the Charter of Fundamental Rights of the European Union. Therefore, this Regulation should be interpreted and applied in accordance with those rights and principles. When the Central Bank was taking this decision to approve this...

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: Israeli Bond Programme: Discussion (Resumed) (22 Oct 2025)

Cian O'Callaghan: On what basis does Mr. Makhlouf say there was no legal basis? Does the Central Bank have legal advice in that regard?