Results 7,921-7,940 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: Senator MacSharry.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: The Governor has indicated a couple of areas he wants to follow up in order to be as conclusive as he can this morning. In doing so, there is one question that has to be asked, whether the sum is €40 billion, €64 billion or €30 billion. Where did it go? How was it spent?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: Professor, every Christmas in my local credit union, as they did around the country, people in previous years went down to pick up their interest rebate and their dividend at Christmas and there was a couple of hundred euros, just like a Christmas bonus for credit union members. Since the crash that has gone. I do not know if that is connected or not to the bigger programme.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: So where did the money go? It did not disappear into the either; it has a physical existence. So where did it go to?

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: There are a few additional points the Governor wants to add, and then I will wrap up.

Committee of Inquiry into the Banking Crisis: Context Phase (15 Jan 2015)

Ciarán Lynch: As always Professor Honohan has provided a full morning, as he has in any meeting I have ever chaired with him, or a full afternoon. I thank him for his participation. It has been a very informative and valuable meeting which has added to our understanding of the factors leading to the banking crisis. We look forward to engaging further with the professor again later in the inquiry as we...

Written Answers — Department of Social Protection: Jobseeker's Allowance Appeals (20 Jan 2015)

Ciarán Lynch: 215. To ask the Minister for Social Protection when a determination will be made in an appeal for jobseeker's allowance in respect of a person (details supplied) in County Cork; the reason for refusal. [2711/15]

Written Answers — Department of Justice and Equality: Referendum Campaigns (20 Jan 2015)

Ciarán Lynch: 336. To ask the Minister for Justice and Equality her views on holding the marriage equality referendum on 24 April 2015, as proposed by the Union of Students in Ireland, so as to facilitate students who will be undertaking examinations the following month; and if she will make a statement on the matter. [2593/15]

Written Answers — Department of Transport, Tourism and Sport: Aviation Policy (20 Jan 2015)

Ciarán Lynch: 607. To ask the Minister for Transport, Tourism and Sport when the national aviation policy will be published; and if he will make a statement on the matter. [2649/15]

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: The Joint Committee of Inquiry into the Banking Crisis is now in public session. I welcome everyone present to the fourth public hearing of the joint committee. There will be two distinct parts to today's proceedings. Later, we will hear from Professor Philip Lane of Trinity College, Dublin, on the banking crisis and economic and monetary union but first we will hear from Mr. Klaus Regling...

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Does Mr. Regling have his mobile phone switched on? There is distortion in the sound emanating from the microphone.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: I thank Mr. Regling.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: I thank Mr. Regling. I shall list the questioners in order. Senator Susan O'Keeffe, as lead spokesperson, will have 15 minutes and she will be followed by Senator Marc MacSharry who will also have 15 minutes. They will be followed by rounds lasting six minutes each for the following: Deputy Kieran O'Donnell; Senator Michael D'Arcy; Deputy Pearse Doherty; Deputy Michael McGrath; Deputy John...

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: What actions were taken in other jurisdictions that were not taken in Ireland?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: That brings me to my next question before I call Senator O'Keeffe. How would Mr. Regling characterise the relationship between the banks on the one hand and the regulator-supervisor's governance structure - that is, the Financial Regulator's office and the Central Bank - on the other hand, in the years leading up to the crisis?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: Was there something unique about the relationship between the banks, the regulator and Central Bank system in Ireland that one did not see in other jurisdictions?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: To round off on Senator O'Keeffe's questions for Mr. Regling, did the analysis of the model that was actually in place in the lead-up to the crisis, be it domestic or international but particularly domestic, involve a description of the culture as self-regulatory in the belief the industry would actually regulate itself without intrusion?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: "Light touch" is a phrase that is out there. For people who are viewing the proceedings, is "light touch" ultimately self-regulation?

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: The banks regulating themselves.

Committee of Inquiry into the Banking Crisis: Context Phase (21 Jan 2015)

Ciarán Lynch: I thank Mr. Regling.