Results 821-840 of 8,873 for speaker:Batt O'Keeffe

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: This is a right and an entitlement. I am surprised that people such as my learned colleague would seek to deny the right of an individual to a proper pension. He is entitled to it in the same way as anybody else. Senior civil servants are entitled to it. Deputy Michael Woods was entitled to it. There was an anomaly in the law which he brought to the attention of the civil servants...

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: The Senator should have a word with his colleagues.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: The Senator obviously was not listening.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: Senators were told anything but. The Opposition was wide awake and raised the issue.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: I made it quite clear they were awake.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: I was giving the Opposition credit.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: I reiterate that there is absolutely no sleight of hand. There are a number of miscellaneous provisions in the Bill including this one. On Second Stage the Tánaiste stated: Section 16 makes amendments to the provisions dealing with ministerial pensions, as follows. First, former office holders — Ministers and Ministers of State — on leaving service are entitled to receive severance...

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: ——the Senator is accusing the audience — thanks be to God we are denuded of an audience — of being dumb, which I would never say.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: The Senator said that this is getting murkier and murkier. I read out the chronology of events, which is apparent and open. The Tánaiste and Minister for Finance in everything he did was absolutely above board. He read it into the record of the House. It is included in the Bill itself. It was raised in the Dáil. It was dealt with and answered in a positive way by saying that a former...

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: There is no sleight of hand here. It is as transparent as could be. I am astonished that the Senator, the upholder of rights, on this occasion would deny the right to a politician because he is a politician.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: That is exactly what he is saying.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: We are not aware of any other comparable anomaly in the Department at the moment. The garda case is not a similar case in any circumstances.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: The primary purpose of section 19 is to enable the Financial Regulator to regulate and oversee the conduct of business by firms in the non-deposit-taking lending sector, which lend to the general public and to small businesses. It does so by bringing non-deposit-taking lenders engaged in retail lending within the Financial Regulator's authorisation and ongoing supervision regime by way of an...

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: Store credit cards and the transparency of the terms are covered by the Consumer Credit Act. With regard to the Senator's point on publication in Iris Oifigiúil, this ensures legal certainty of an exemption or revocation.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: Under the terms there is a compulsion on the banks to do so.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: What does the Senator mean by that?

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: I imagine that would come under the regulator's remit, if it had to take issue with the banks.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: If an oversight is discovered, they have to publish.

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: I am being told that although it does not affect the legal——

Seanad: Markets in Financial Instruments and Miscellaneous Provisions Bill 2007: Committee and Remaining Stages (31 Oct 2007)

Batt O'Keeffe: Yes.