Results 11,201-11,220 of 36,274 for speaker:Pearse Doherty

Central Bank (Mortgage Interest Rates) Bill 2015: Second Stage [Private Members] (10 Jun 2015)

Pearse Doherty: Tá mé buíoch go bhfuil deis agam labhairt ar an mBille seo, a thug mé féin chun tosaigh ar son Pháirtí Sinn Féin. Our party has a long record in this Dáil of bringing forward legislation that aims to protect borrowers from unscrupulous lending by financial institutions. In 2011, when I challenged the Government on its failure to stand up to...

Central Bank (Mortgage Interest Rates) Bill 2015: Second Stage [Private Members] (10 Jun 2015)

Pearse Doherty: The Minister of State is shaking his head. Under his watch during the term of the Government the mortgage crisis has doubled. It has peaked and is starting to reduce but it has got worse and worse and these are facts the Minister of State cannot dispute. Four families a day are losing their homes. This is what the Government has in mind when it says it will stand up to the banks and will...

Topical Issue Debate: General Practitioner Services (10 Jun 2015)

Pearse Doherty: I thank the Ceann Comhairle for selecting this matter for discussion. The Minister should not lose sight of the significance of Deputies McGinley and Pringle as well as myself speaking with one voice on this issue, as it is rare that this occurs in the House. This issue goes to the core of services to rural communities. Deputy Mac Lochlainn asked me to express his support for the...

Topical Issue Debate: General Practitioner Services (10 Jun 2015)

Pearse Doherty: I have been around long enough to recognise a box-ticking exercise. With no disrespect to those who were present at the meeting, it was a box-ticking exercise. The reason the meeting took place was that Deputy Pringle and I, among others, including the public, were raising concerns in the media for a number of weeks in relation to NowDoc. We had a structured, normal quarterly meeting with...

Topical Issue Debate: General Practitioner Services (10 Jun 2015)

Pearse Doherty: Does it provide funding for GP cover directly?

Written Answers — Department of Agriculture, Food and the Marine: Single Payment Scheme Payments (10 Jun 2015)

Pearse Doherty: 98. To ask the Minister for Agriculture, Food and the Marine the reason for the delay in issuing a single farm payment for 2014 in respect of a person (details supplied) in County Donegal; and if he will make a statement on the matter. [22652/15]

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: Go raibh maith agat, a Chathaoirligh. Fáilte romhat, Ms O'Dea. Can I first ask you during your period as acting CEO of the Financial Regulator you'd initiated a number of changes to increase the intensity of banking supervision. Can you describe to the committee some of the key changes you made during that period?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: Okay. You mentioned, and correct me if I'm wrong, to Deputy McGrath that during your period, principles regulation was not active, that you weren't practising. Is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: So what, what type of regulation were you practising?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: So my understanding, and obviously I am a lay person in this here, there's principles-based regulation or there's rules-based regulation. I didn't know that there was a middle one called intrusive regulation. Is that an international standard-type of regulation?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: The principles of the Financial Regulator appeared in the annual report of 2006 for the first time in public which outlined the nine principles in ... principle No. 8 talks about the that the financial institutions have to comply with any rules that are laid down by the Financial Regulator. Did you scrap those principles when you took ... when you abandoned principles-based regulation or...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: No-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: Yes, but that ... that ... that's what I want you to explain to me because I get a sense that you applied the same principles-based regulation, but you just applied them more intrusively. There was ... you didn't ... you didn't have to change any rules, you didn't have to have a change of documents, you just actually decided to send investigators into the banks, which were always the power...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: Everything that was done-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: -----under your term, could it have been done without any change to the principles in the previous term of the Financial Regulator?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: Can I ask you in relation to ... it's in Vol. 1, page 4 ... it's a document ... it's the first meeting of the implementation group on further reform of regulatory structures held on 24 June 2009. There was discussion about the press release, I think, from the Government sent out on June 18 2009 and I'll quote from the document. It says: ''The reference to a specific differential regulatory...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: Yes, I'll finish at this: "The Central Bank's concerned that this might be perceived in the market as us suggesting lighter tough regulatory approach for IFSC entities than to domestic entities which could have negative reputational consequences for new structures''. So the question I am asking you is: what were the concerns of the ... at the time in relation to this idea of light-touch...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: Go raibh maith agat a Chathaoirligh agus fáilte Mr. Roux chuig an coiste. Can I ask you just at the beginning to give us an outline of your understanding, your opinion of the Central Bank's knowledge of the financial institutions, both when you commenced work at the Central Bank and your opinion of the knowledge that the Central Bank has now?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Pearse Doherty: Very well, so we know them very well at this point in this time-----