Results 12,961-12,980 of 20,183 for speaker:Brian Stanley

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: Is it anticipated that we may reach a point where that can be reduced or where we may reach finality with that?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: With regard to the other companies, looking at the list, is the Central Bank concerned about the failure of oversight and regulation and what has happened with eight insurance companies?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: The total bill is substantial, at about €1.6 billion. Would the Department like to reply on that?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: With respect, it is the scale of the Quinn Insurance Limited loans. There is no one here today from either the Central Bank or the Department who can tell us if anybody noticed any of this creeping up. If you are on the board of a small company, you would be watching the finances from month to month and your auditor would come in a couple of times a year. You would be in regular contact...

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: That is what happened here.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: A number of failures.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: And failures by the bodies that are supposed to regulate-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: -----and do oversight.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: That has to do with the Central Bank and there is nobody here from the Central Bank who is able to answer when this was noticed, what was done, what action was taken and what has been done since. We want to get answers to this and we expect to get answers to it. We may have to bring in the Governor to deal with this.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: I want to let the other Deputies in.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: That is up to the committee.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: Is Deputy Dillon happy with that? I am mindful of the fact that he has come to the meeting and he is entitled to his opportunity.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: We will suspend the meeting and go into private session.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies
Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December 2021
Comptroller and Auditor General Section 2 Report on Unauthorised release of funds from the Central Fund of the Exchequer (23 Feb 2023)

Brian Stanley: The committee has met in private session and we feel the situation is totally unsatisfactory as we are not getting to deal with the items on the agenda: the Report on the Accounts of the Public Services 2020 - Chapter 14: Assessment and Collection of Insurance Compensation Fund Levies; the Report on Administration and Movement of the Insurance Compensation Fund for the year ended 31 December...

Public Accounts Committee: Business of Committee (23 Feb 2023)

Brian Stanley: The business before us this afternoon is as follows: minutes; accounts and financial statements; correspondence; work programme; and any other business. The first item of business is the minutes of the meeting of 16 February, which have been circulated to members. Do members wish to raise any matters on the minutes? Are the minutes agreed? Agreed. As usual, they will be published on...

Public Accounts Committee: Business of Committee (23 Feb 2023)

Brian Stanley: I notice that the financial statements of the North-South bodies that come before us have all got clear audits. It is good to note that. Do any members wish to raise any other matter?

Public Accounts Committee: Business of Committee (23 Feb 2023)

Brian Stanley: There is a letter, but the Deputy may not have access to it as she is attending remotely. There is an explanation from it. There is a two-page letter outlining that. She should see it on her screen now.

Public Accounts Committee: Business of Committee (23 Feb 2023)

Brian Stanley: The Department of Agriculture, Food and Marine is one of the ones that we would like to bring in.

Public Accounts Committee: Business of Committee (23 Feb 2023)

Brian Stanley: That is fine. Can we agree to note the listing of accounts and financial statements? Agreed. As usual, the listing of accounts and financial statements will be published as part of our minutes. Moving to correspondence, as previously agreed, items that were not flagged for discussion for this meeting will continue to be dealt with in accordance with the proposed actions that have been...

Public Accounts Committee: Business of Committee (23 Feb 2023)

Brian Stanley: We need to deal with it then because it will have run for three weeks then. No. 1733 is from Mr. Robert Watt, Secretary General, Department of Health, dated 9 February 2023 providing information we requested regarding the new National Maternity Hospital and public spending code. It is proposed to note and publish this item of correspondence. Is that agreed? Agreed. Deputy Catherine...