Results 12,741-12,760 of 16,395 for speaker:Peadar Tóibín

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: If a family have been put to the pin of their collar, if they are in danger of losing their home and if the interest rate that is set is dependent on the price that was paid, in order for me to be able to negotiate - as I do at times - with the bank, if I know what was paid for the loan, it helps with the negotiation. Maybe it helps in my mind but does not in real terms.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: I am interested in Mr. Kissane's view on full-term, fixed-interest mortgages. How would that work in light of the fact that a bank will have fluctuating interest rates that it would have to deal with over a given period? Would such a mortgage be on the basis of the initial interest rate and the initial loan being achieved at a certain level?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Investment Funds: Discussion (1 Mar 2023)

Peadar Tóibín: It is clear that there is a two-tier mortgage market at the moment. There is no doubt that the people who went through the most difficulty in the past ten years are again being put to the pin of their collars. I do not believe there is anything being offered by the Government. The Government is not defending them. The Central Bank is not defending them. Nobody is protecting them. The...

Written Answers — Department of Education and Skills: School Curriculum (2 Mar 2023)

Peadar Tóibín: 242. To ask the Minister for Education and Skills the plans she has to support children who may feel othered because they will be removed from classes that teach gender identity ideology; and if she will provide alternative teaching for children who are removed from these classes to ensure they do not receive less education because of their adherence to the scientific understanding of gender...

Written Answers — Department of Education and Skills: School Curriculum (2 Mar 2023)

Peadar Tóibín: 243. To ask the Minister for Education and Skills if the teaching of gender identity ideology will be limited to specific classes, or if it will be integrated across a number of subjects or delivered across the whole of the curriculum; if it is the latter two, how children will be able to absent themselves from gender identity ideology classes without missing out on core curriculum subjects;...

Written Answers — Department of Education and Skills: School Curriculum (2 Mar 2023)

Peadar Tóibín: 244. To ask the Minister for Education and Skills if she has taken legal advice as to the exposure to litigation of her Department where the new junior cycle SPHE curriculum on gender identity contributes to a child with psychological comorbidities being gender affirmed to a new gender without the comorbidities being identified or treated; the duty of care the school has in these situations;...

Written Answers — Department of Education and Skills: School Curriculum (2 Mar 2023)

Peadar Tóibín: 245. To ask the Minister for Education and Skills if the new NCCA curriculum for the junior cycle indicates clearly to children the link between children consuming pornography and sexual violence and rape; if the new NCCA curriculum for the junior cycle will indicate the link between children consuming pornography and distorted understandings of healthy relationships, pornography addiction,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: Míle buíochas leis na finnéithe as teacht anseo agus as a gcur i láthair. Debt is probably one of the toughest things that a person can ever deal with. It is a disaster. It can lead people into depression and worse. It can radically alter a person's family circumstances and how their family lives. I have dealt with around 400 families in debt distress over the years...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: To what period of time does the 1,900 figure relate?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: Mr. O'Keeffe mentioned that AIB has a number of mechanisms for checking the validity of each of the write-downs, one of which is the board, which has a look at some of them. There is a public interest director on the board. Would he or she be made aware of the size of some of these write-downs?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: I am informed that there are three layers of checks in respect of each of these write-downs. I understand there is a board. I also understand that public interest directors are nominated by the Department of Finance. I am trying to work out if that information goes back to the Department of Finance. Does the Minister know about write-downs of this size? What is the influence of the board...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: The board would not know about the individual cases.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: I will move on to the credit risk function, which is a particular function that checks these write-downs. Is there a threshold that is reached when information is passed to the risk function? Do those staff members take a percentage or a random sample? How do they work out what to check? How many write-downs are refused? In how many cases do those with a credit risk function say the bank...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: No audit is done afterwards.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: Is there any information about how many of those audits turn out negative? As in, where a decision is made and it is considered the wrong decision.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: I appreciate that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: Does the bank collate any socioeconomic data on the individuals who get write-downs? Has the bank any mechanism to be able to analyse if there are patterns in respect of people who get high levels of write-down and people who get no write-down or who are squeezed for the last cent owing according to their contracts? Is any analysis done afterwards to see are there any patterns? We are all...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Debt Write-down and Debt Resolution Policies: Allied Irish Banks (2 Mar 2023)

Peadar Tóibín: I mentioned the socioeconomic data of the borrower in that scenario. Are those data collected?