Results 1,041-1,060 of 6,295 for speaker:Michael D'Arcy
- Seanad: Adjournment Matters: Fodder Crisis (19 Jun 2013)
Michael D'Arcy: I wish to be associated with the comments of the Acting Chairman. It is about 12 years since the Minister of State has been in the Chamber. I extend my heartiest congratulations to him. He is well deserving of the position he holds in government. I am concerned about tonnages being reaped from the land. I have spoken to people in County Wexford, where the tonnage per acre is down by...
- Seanad: Adjournment Matters: Fodder Crisis (19 Jun 2013)
Michael D'Arcy: Last spring was the coldest in 50 years, and as a result we had a very late gathering of fodder. The crucial issue is the application of chemical fertiliser. I welcome the position of the Minister for the Environment, Community and Local Government, Deputy Hogan, on the alteration to the nitrates directive, which is very important. The application of bag chemical fertiliser is the most...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Second Stage (20 Jun 2013)
Michael D'Arcy: This is very important legislation. It is a pity it was not on the Statute Book a number of years ago as we might not have ended up in the current mess. The mess is due to a failure not just of politics but also of the regulatory regime that was in place. Indeed, it is more accurate to say there was no regulatory regime in place. I did not hear all of the Minister's speech. However, as...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Second Stage (20 Jun 2013)
Michael D'Arcy: I know the Cathaoirleach will not be pleased with that but I have had enough of bankers and bank employees doing whatever the hell they like. There must be a sanction and I implore that it be made possible - perhaps in this Bill - that such action can be punished by a sacking. I seek the Minister of State's opinion and I hope he will advance my opinion on the matter, particularly the case...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Second Stage (20 Jun 2013)
Michael D'Arcy: Next Tuesday
- Seanad: Order of Business (26 Jun 2013)
Michael D'Arcy: I wish to raise a matter I raised last week. On the matter of mortgage arrears, where people who work for the banks do not give clients the correct code of conduct on the mortgage arrears resolution process, MARP, they should be sacked. I raised the matter last week during the debate on the Central Bank (Supervision and Enforcement) Bill 2011 and information came to me, via the Minister,...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: On section 23 and referring back to section 22(1), Senator Barrett has referred to what Members are hearing each morning on "Morning Ireland" regarding the Anglo tapes. However, those tapes are a number of years old and I have been raising an issue with which I am dealing currently regarding people in financial institutions. Financial institutions are not adhering to what was then the code...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: I welcome the opportunity to contribute on this matter. I raised it previously in respect of lending institutions that hire unsavoury agents with shady backgrounds to collect debts. It is not tolerable that people can break into someone's property, pose as debt collectors and effectively use criminality and scare tactics. Whether collecting debt that way is theft is debatable. Perhaps the...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: I thank the Minister. Having researched this matter, there seems to be a differentiation between consumer protection and the protection of someone who is acting in business. This creates a difficulty, as it means that there is a different structure in place for many financial transactions in business and agriculture, for example, the purchase of an agricultural machine. I ask that the...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: Next Tuesday.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: At 2.30 p.m. on Tuesday, 2 July 2013.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: On section 23 and referring back to section 22(1), Senator Barrett has referred to what Members are hearing each morning on "Morning Ireland" regarding the Anglo tapes. However, those tapes are a number of years old and I have been raising an issue with which I am dealing currently regarding people in financial institutions. Financial institutions are not adhering to what was then the code...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: I welcome the opportunity to contribute on this matter. I raised it previously in respect of lending institutions that hire unsavoury agents with shady backgrounds to collect debts. It is not tolerable that people can break into someone's property, pose as debt collectors and effectively use criminality and scare tactics. Whether collecting debt that way is theft is debatable. Perhaps the...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: I thank the Minister. Having researched this matter, there seems to be a differentiation between consumer protection and the protection of someone who is acting in business. This creates a difficulty, as it means that there is a different structure in place for many financial transactions in business and agriculture, for example, the purchase of an agricultural machine. I ask that the...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: Next Tuesday.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Committee Stage (27 Jun 2013)
Michael D'Arcy: At 2.30 p.m. on Tuesday, 2 July 2013.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Michael D'Arcy: To respond briefly to Senator Darragh O'Brien who asked for an example of an unco-operative bank, Anglo Irish Bank, which then became IBRC, which was then liquidated by the Government, is his answer.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Michael D'Arcy: That was a good spot by Senator Gilroy. I note the irony of the Minister of State's remarks on the day that Ulster Bank, which is an established bank, is closing 40 branches. This shows the difficulty faced by anyone wishing to establish a bank here. There is a further difficulty and it is a case of which comes first, the chicken or the egg. The existing pillar banks are not lending to...
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Michael D'Arcy: Tomorrow at 10.30 a.m.
- Seanad: Central Bank (Supervision and Enforcement) Bill 2011: Report and Final Stages (2 Jul 2013)
Michael D'Arcy: To respond briefly to Senator Darragh O'Brien who asked for an example of an unco-operative bank, Anglo Irish Bank, which then became IBRC, which was then liquidated by the Government, is his answer.