Results 14,241-14,260 of 26,086 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: I am asking if the Central Bank has done factual analysis on that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: I ask that the Central Bank would continue to undertake empirical work on the area.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: We are dealing with people on the ground, both people acting on behalf of people in distressed mortgages where the mortgages have been sold on to funds, plus the individuals themselves. There should be empirical work on that area where effectively a fund is borrowing for five-year funding but they are buying assets. I take the Governor's point but their model in many cases appears to be a...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: The Central Bank should report back to us with an update at some future date.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: Will the Central Bank publish those findings?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: That is fine.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: Our guests were speaking about risk. We have invested €25 billion of taxpayers' money in the banks. That money is sitting there. That is a risk to the State and to taxpayers' money. In time, what impact will Brexit have? The banks' share prices have fallen in recent times as a result of Brexit. I have been following both the Irish and UK banks. I do not know how well they are...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: No, I am just saying-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: It is well in excess of €20 billion.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: I am making a statement. How does the Governor see Brexit and everything that has happened impacting on the State's policy over time?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: In the context of trackers, the Central Bank states that its enforcement work is ongoing and that it is engaged in forensic investigation. Can our guests provide an update as to where the enforcement proceedings stand? How many institutions are involved and what is the timeframe for taking action?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: All the mainstream lenders in Ireland are involved.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: I am of the view that the credit unions should inhabit the public banking space. Has any collective approach been made by the credit union movement, the Irish League of Credit Unions, ILCU, and the Credit Union Development Association, CUDA, towards putting forward a plan to roll out a public banking model through the network?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: The Central Bank has the network and there is a need for competition in the market. The credit unions already inhabit the space in a number of areas and we do not need to reinvent the wheel to do this.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: The Governor stated that, in recent months, the bank had stepped up its work on mitigating the most material, cliff-edge risks of a hard Brexit. What does that mean?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
Kieran O'Donnell: Has the Central Bank had engagement with the Bank of England? Is it satisfied that we are Brexit-ready in the financial services sector?
- Seanad: An tOrd Gnó - Order of Business (27 Mar 2019)
Kieran O'Donnell: When the Joint Committee on Climate Change and Energy Security publishes its report, I request that the House engage in an immediate debate on it. Climate change is one of the greatest challenges facing our generation. Schoolchildren were marching last week about this issue and it is as much about current generations as future ones. I attended a public meeting, along with many others, in...
- Seanad: An tOrd Gnó - Order of Business (27 Mar 2019)
Kieran O'Donnell: My bona fides on this issue are genuine, and I will take no lectures on it. I have been involved with the issue from day one. Incinerators, regardless of whether one agrees or disagrees with them, cannot be put into the Mungret and Dooradoyle area, which has a large population and in which many houses are located.
- Seanad: An tOrd Gnó - Order of Business (27 Mar 2019)
Kieran O'Donnell: My bona fides on this are genuine, and anyone who questions them-----
- Seanad: An tOrd Gnó - Order of Business (27 Mar 2019)
Kieran O'Donnell: May I just deal with this issue? I want the House to engage in-----