Results 1,361-1,380 of 4,168 for speaker:Susan O'Keeffe

Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)

Susan O'Keeffe: Does the transportation of materials such as depleted uranium, heavy weapons or drones come under the category of cargo and is it, therefore, civilian in nature? Is it in the hard-military category? I do not know the answer.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)

Susan O'Keeffe: I get that. If cargo planes are classified as civilian and the cargo comprises depleted uranium, drones or heavy weapons, are they reclassified as military and, therefore, not under the Minister’s remit?

Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)

Susan O'Keeffe: It follows that the Minister is responsible for what I have described, or for whatever might be in the plane.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)

Susan O'Keeffe: I am just seeking clarification.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)

Susan O'Keeffe: If anyone wanted to carry depleted uranium, for example, on a cargo plane classified as a civilian plane, he would have to seek authorisation from the Minister’s Department.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)

Susan O'Keeffe: Has anybody sought or been granted authorisation through the Minister’s Department for the carriage of depleted uranium, heavy weapons or drones? I am sorry it has taken so long to get to the end of my questions.

Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)

Susan O'Keeffe: As I understand it, there were 13 applications to transport munitions through Irish airspace refused in 2013 by the Department of Transport, Tourism and Sport. I cannot state this categorically but it is my clear understanding. I am open to correction. Was there a reason for the 13 refusals? Is it in the Minister’s capacity to answer that?

Joint Oireachtas Committee on Public Service Oversight and Petitions: Use of Irish Airspace and Landing Facilities: (Resumed) Minister for Transport, Tourism and Sport (18 Feb 2015)

Susan O'Keeffe: So it is a discriminatory thing based on the type of weapon?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: Professor Connor indicated that the Central Bank had sufficient powers but it was not in the spirit of the times to intervene. Are we correct to understand that the Central Bank was caught up in the spirit of the times?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: Are we correct to believe that in the years before it all went down that the Central Bank must have known about some of the things that were happening? It had the power to intervene but it did not do so.

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: Professor Connor closed his opening contribution by stating "the information provided by some of the banks may have been embellished deliberately to disguise their real capital positions". Can he elaborate on that comment?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: Professor Connor used the word "embellish" and talked about them doing this deliberately. What were they embellishing?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: Mr. Nyberg refers to the loan loss provisioning levels in covered banks falling between 2003 and 2007 in page 43 of his report, stating, "As a consequence, increased accounting profits effectively provided additional capital of up to €3.5 billion to the covered banks and this, in turn, increased their capacity to lend by over €30 billion". Can Professor Connor dwell on that for...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: If a bank makes a decision to alter its loan loss provision, is that something it knows it is doing or is it done accidentally?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: Professor Connor said on page 7 that the bank guarantee was a "costly error". When Mr. Donal Donovan appeared before the committee, he said it was difficult to see any alternative that would "have led to a materially different outcome". Governor Honohan said that while he was critical of some elements of the guarantee "something had to be done for at least some of the banks". What is...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: I thank Professor Connor. On page 5, he refers to "irresponsible lending policies during the credit bubble". What was he thinking of in this regard?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: Given that bankers anywhere at any time know that property development is riskier than mortgages and SME lending, why then would they have sought to increase their own risk? Why would they do that when they know something less risky is available?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: At the Trinity Economic Forum in 2014, Professor Connor said that up until 2010, Irish banking regulation was the world leader in feather light regulation and at the Dublin Economics Workshop in Kenmare in 2010, he described this as the "pivotal Irish policy error". I acknowledge he has discussed some of this but given he has said the Central Bank and the Financial Regulator had the powers,...

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: Is Professor Connor confident in his professional capacity that if he were to conduct all the analysis that would be required, Ireland would still emerge as the world leader in feather light regulation?

Committee of Inquiry into the Banking Crisis: Context Phase (25 Feb 2015)

Susan O'Keeffe: Professor Connor mentioned the concept of banks being "too big to fail". Is it that no bank should ever be allowed to fail or is it that, at the time, that was the mood? It is an expression that occurs a lot in conversations, not just in this room but more generally but I have never been really sure what it means and where it came from. How did we arrive at a position where a bank can be...