Results 9,001-9,020 of 34,780 for speaker:Seán Fleming

Written Answers — Department of Communications, Energy and Natural Resources: Postal Codes (28 Apr 2015)

Seán Fleming: 455. To ask the Minister for Communications, Energy and Natural Resources the position regarding proposed legislation in relation to data protection around the post codes project; when this will be finalised; the time frame for the implementation of post codes and this legislation; and if he will make a statement on the matter. [16560/15]

Written Answers — Department of Communications, Energy and Natural Resources: Energy Prices (28 Apr 2015)

Seán Fleming: 457. To ask the Minister for Communications, Energy and Natural Resources the savings to customers by the proposed removal of the public service obligation in respect of the peat supply contract between Bord Na Móna and Edenderry Power Station, County Offaly, at the end of 2015 and to West Offaly Power Station and Lough Ree Power in Lanesborough, County Longford, in 2019; the proposals...

Written Answers — Department of Transport, Tourism and Sport: National Car Test (28 Apr 2015)

Seán Fleming: 488. To ask the Minister for Transport, Tourism and Sport if he is aware that there is a ten-week waiting period for a person waiting to book a national car test online in Portlaoise, County Laois. [16544/15]

Written Answers — Department of Transport, Tourism and Sport: National Car Test (28 Apr 2015)

Seán Fleming: 494. To ask the Minister for Transport, Tourism and Sport if he will provide the current waiting list for national car tests in each centre; and if he will make a statement on the matter. [16708/15]

Written Answers — Department of Transport, Tourism and Sport: Legislative Measures (28 Apr 2015)

Seán Fleming: 491. To ask the Minister for Transport, Tourism and Sport his proposals to introduce legislation to allow local authorities introduce a 20 km/h speed limit in their functional areas, especially in housing estates; and if he will make a statement on the matter. [16611/15]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: I welcome Mr. Brown and his colleagues to the meeting. I wish to deal with the point made by Mr. Brown that the cost of providing mortgage finance in Ireland is substantially higher than in other jurisdictions in which Ulster Bank and RBS operate. It is my understanding that the lowest three-year rate for a borrower in the Republic is 3.65%. However, a person in the same loan-to-value can...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: Why is this the case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: For the equivalent type customer here and in the North who meets all similar requirements such as income, risk, property value, occupation, public servants, why would there be a different risk factor?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: Mr. Brown is saying that the cost of providing a mortgage is higher here-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: -----than if I were to drive to the other side of the road into Northern Ireland.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: I ask Mr. Brown to spell out the difference between the requirement here for capital against what is required in the North.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: I ask Mr. Brown to translate that into money for us. What ratios are required here versus in the North?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: That is the figure but what is the capital requirement? Mr. Stanley is saying it is different for the banks here to lend a mortgage here versus the capital requirement in the Six Counties. What is the difference in the two markets, between our Central Bank and their authorities there?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: Is 15%, 20% or 10% capital required? What is the difference? The witnesses have stated three times that the capital requirements for providing a mortgage here is higher. Tell me the difference.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: The chief executive said something different just ten seconds ago. He said the capital requirement is different. Now Mr. Stanley is saying that they are the same.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: So the capital requirements are the same but the risk is different.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: Mr. Stanley is saying approximately 0.75%.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: Has the risk in the market not improved significantly due to the reduced number of new mortgages? Surely the risk factor of a person who has been granted a mortgage, following a high level risk assessment, should be lower? In simple language, is the bank making riskier lending for mortgages in the Republic than in Northern Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: If the level of risk is the same and the capital requirement is the same, why is there a different of 0.75% in the rate? It would be extraordinary if the bank were taking greater risks on the property market in the Republic than would be approved across the Border in Belfast. I am not getting the point of the argument that Mr. Stanley is making.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Ulster Bank (29 Apr 2015)

Seán Fleming: Are these the rules of Ulster Bank or the Central Bank?