Results 9,201-9,220 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Finance: Financial Services Sector (22 Jun 2017)

Paschal Donohoe: As the Deputy is aware it is not appropriate for me to comment on or become involved in an individual borrower's dispute with a financial service provider.  On the issue more generally, if a customer has made a formal complaint to the financial service provider in question and is not satisfied with the outcome, then the matter should be referred...

Written Answers — Department of Finance: Central Bank of Ireland (22 Jun 2017)

Paschal Donohoe: The Central Bank has a very wide and varied mandate as dictated by the statute of the European System of Central Banks, by the Supervisory EU Legal Acts and by the Central Bank Acts. The Bank does not have a promotional mandate, as a key component of a successful and attractive jurisdiction for the location of financial services activities is a strong and independent regulator with...

Written Answers — Department of Finance: Central Bank of Ireland (22 Jun 2017)

Paschal Donohoe: I am informed by the Central Bank that the total development cost of the new Central Bank building and moving staff to the Dockland Campus will be circa €140m (inclusive of VAT), in line with the budgeted figure. This figure includes all costs incurred on the project including site purchase, construction, furniture and fit out, IT, Security, Design Team, etc. I am also...

Written Answers — Department of Public Expenditure and Reform: Departmental Contracts Data (22 Jun 2017)

Paschal Donohoe: In response to the Deputy’s question, the following table outlines the information sought in respect of bodies under the aegis of the Department: Organisation Monetary Value Public Appointments Service €157,823 * Institute of Public Administration €30,305 (to the end of 2016) Office of Public Works €3,918 * The Public Appointments...

Written Answers — Department of Finance: Mortgage Lending (27 Jun 2017)

Paschal Donohoe: As the Deputy is aware, in February 2015 the Central Bank introduced regulations on residential mortgage lending which applied proportionate limits to mortgage lending by regulated financial services providers in the Irish market. The key objective of these regulations is to increase the resilience of the banking and household sectors to the property market and to reduce the risk of...

Written Answers — Department of Finance: Motor Insurance (27 Jun 2017)

Paschal Donohoe: As the Deputy is aware, the Cost of Insurance Working Group finalised its Report on the Cost of Motor Insurance in December 2016 and it was published on 10 January 2017. The Report makes 33 recommendations with 71 associated actions to be carried out in agreed timeframes, which are clearly set out in an Action Plan. 45 of these action points are due to be implemented by the end of this year...

Written Answers — Department of Finance: NAMA Property Sales (27 Jun 2017)

Paschal Donohoe: I am advised by NAMA that the asset to which the Deputy refers was one of numerous assets securing a loan portfolio which NAMA sold in 2016 following an open and competitive sales process. The Deputy will be aware that information relating to the valuation of specific assets and the value of the loans those assets secure is confidential and commercially sensitive...

Written Answers — Department of Finance: Corporation Tax (27 Jun 2017)

Paschal Donohoe: Efforts are continuing to seek Ireland’s removal from the Brazilian black list. A technical delegation from the Department of Finance and Revenue met with Brazilian officials in March 2017 to seek a resolution to this issue. Since March there has been continuing contact with the Brazilian authorities at official level.  My predecessor Minister Noonan also raised the issue...

Written Answers — Department of Finance: Tax Yield (27 Jun 2017)

Paschal Donohoe: I am advised by Revenue that the net amount collected in relation to the Deposit Interest Retention Tax (DIRT) in 2016 was €170 million. It was forecast, at the time of Budget 2017 that DIRT receipts will be in the order of €175 million in 2017.

Written Answers — Department of Finance: Departmental Staff Data (27 Jun 2017)

Paschal Donohoe: I wish to inform the Deputy that the number of staff serving in my Department at 31 December 2016 was 290.30 (whole time equivalent).   There were also 11 staff in the Shareholding & Financial Advisory Division seconded into my Department from the NTMA. 

Written Answers — Department of Finance: Tax Code (27 Jun 2017)

Paschal Donohoe: I am advised by Revenue that only certain Irish and EEA funds (including both pension funds and investment funds) may receive distributions from IREFs without the operation of IREF withholding tax. A fund, whether Irish or EEA, can receive distributions gross provided: 1. The fund is not a fund which is under the control of its investors or anyone connected with its investors, and...

Written Answers — Department of Finance: Bank Charges (27 Jun 2017)

Paschal Donohoe: Under Section 149 of the Consumer Credit Act 1995 (as amended) (the Act) credit institutions are required to notify the Central Bank of Ireland (the Central Bank) if they wish to: - introduce any new customer ‘charge’ for providing a ‘service’; or - increase any existing customer ‘charge’ for providing a ‘service’. A credit institution...

Written Answers — Department of Finance: Motor Insurance (27 Jun 2017)

Paschal Donohoe: As the Deputy is aware, the Cost of Insurance Working Group, chaired by former Minister of State Eoghan Murphy T.D., finalised its Report on the Cost of Motor Insurance in December 2016 and it was published on 10 January 2017. The Report makes 33 recommendations with 71 associated actions to be carried out in agreed timeframes, which are clearly set out in an Action Plan. 45 of these action...

Written Answers — Department of Finance: Stability and Growth Pact (27 Jun 2017)

Paschal Donohoe: Compliance with the Stability and Growth Pact is assessed in annual, as opposed to quarterly, terms.  Since Ireland’s transition into the Preventive Arm of the Pact in 2016, fiscal policy has been, and will continue to be, shaped by the expenditure benchmark (EB) and balanced budget rule.  Ireland submitted its Draft Budgetary Plan (DBP) following the publication of...

Written Answers — Department of Finance: Mortgage Lending (27 Jun 2017)

Paschal Donohoe: The Central Bank have advised that when an individual(s) applies for a mortgage loan to buy a home, the individual(s) will generally be required to take out mortgage protection insurance. This is a particular type of life assurance taken out for the term of the mortgage and designed to pay it off on the death of the borrower or joint borrower.  It is an underwriting consideration...

Written Answers — Department of Finance: Capital Expenditure Programme (27 Jun 2017)

Paschal Donohoe: My Department has no capital projects and therefore no such projects were announced during the months in question.  The department has had some routine capital expenditure confined to the acquisition of IT equipment and systems and certain premises expenses relating to the buildings it occupies.

Written Answers — Department of Finance: Departmental Staff Data (27 Jun 2017)

Paschal Donohoe: I wish to inform the Deputy that the number of Clerical Officers in full time employment in my Department as of 31 May 2017 by county, is contained in the following table. Number of Full time Clerical Officers Location 19 Dublin 14  Offaly

Written Answers — Department of Finance: Departmental Staff Data (27 Jun 2017)

Paschal Donohoe: I wish to inform the Deputy that 13 full time Clerical Officers in my Department have retired, resigned or been promoted between the period 1 January 2015 to 31 May 2017. See the following table. - Dublin Offaly Retired 2 Resigned 5 Promoted 4 2

Written Answers — Department of Finance: Departmental Staff Data (27 Jun 2017)

Paschal Donohoe: I wish to inform the Deputy that 25 Clerical Officers were appointed to my Department between 1 January 2015 to 31 May 2017, all of whom commenced on a full time basis. See the following table. Number of Clerical Officer appointments 1 Jan 2015 – 31 May 2017 Location 21 Dublin 4 Offaly

Written Answers — Department of Finance: Departmental Staff Data (27 Jun 2017)

Paschal Donohoe: I wish to inform the Deputy that 18 temporary Clerical Officers were appointed to my Department between the period 1 January 2015 to 31 May 2017. Number Duration of appointment Location 1 26.01.2015 – 20.02.2015 Dublin 1 26.01.2015 – 06.03.2015 Dublin 5 26.01.2015 – 02.04.2015 Dublin 1 26.01.2015 – 08.05.2015 Dublin 2 26.01.2015 –...