Results 15,501-15,520 of 27,105 for speaker:John McGuinness

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: -----and not transparent-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: Does the limitation apply?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: Then how does the ombudsman deal with it if the six-year rule applies and-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: It just facilitates people in the business who knowingly set out, and as far as I can make out it is pretty widespread-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: Nobody considers this. There is no flexibility to consider how could a client have found out when the very non-transparency of the whole thing facilitates this going on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: If the Office of the Financial Services Ombudsman were to receive a complaint outside the six year rule, would the ombudsman consider investigating it to the point where he could find out if it stood? If it was outside the six year rule, fine, he could not touch it. If there was an individual adviser or company involved that was represented by an institute of national significance, would...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: I want to work out what the process is. Would the ombudsman connect with another national organisation, perhaps one representing financial advisers?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: Is it conduct that has only been discovered?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: That is included.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: That is welcome. I also welcome Mr. Joyce's comment on the limitations. Sometimes it is about how the descriptions are interpreted. The cost of challenging can then be put in front of someone, but I am glad that Mr. Deering takes the attitude that he does.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: My apologies, Senator, but the point is that the legislation will not be retrospective and that it has now been almost proved throughout the State that this practice was systemic. People were sold a product without realising that for the individual adviser, bank or institution there would be ongoing benefits. There was a benefit for financial advisers, whether inside or outside banks, in...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Scheme of Financial Services and Pensions Ombudsman Bill 2016 and Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Discussion (27 Oct 2016)

John McGuinness: I ask Senator Horkan to take the Chair because I and other members must go the Dáil Chamber for a vote. I thank the witnesses for attending.

Written Answers — Department of Arts, Heritage and the Gaeltacht: Maritime Salvage (8 Nov 2016)

John McGuinness: 289. To ask the Minister for Arts, Heritage and the Gaeltacht if she is satisfied that the recent salvage and recovery of artefacts from the RMS Lusitania has been carried out under licence from her Department; if she is further satisfied that the licence conditions are being complied with; and the level of archaeological supervision and input her Department, the National Monuments Service...

Written Answers — Department of Social Protection: Invalidity Pension Applications (9 Nov 2016)

John McGuinness: 131. To ask the Minister for Social Protection if an invalidity pension will be approved for a person (details supplied); and if the matter will be expedited. [34002/16]

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Committee (9 Nov 2016)

John McGuinness: We are now in public session. I welcome the Minister and his officials for our consideration of the Finance Bill 2016. It is proposed we conclude this session at approximately 11.15 a.m. The committee will resume at 2 p.m. in Committee Room 2. We will suspend for Dáil votes during any of these meetings. In order to provide for the smooth running of the meeting, any Member acting in...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Committee (9 Nov 2016)

John McGuinness: There is no guillotine, so we will deal with them as they arise.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Committee (9 Nov 2016)

John McGuinness: Shall we just proceed and see how it all plays out?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (9 Nov 2016)

John McGuinness: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (9 Nov 2016)

John McGuinness: We will deal with the amendments that have been ruled out of order as we go through the sections. I take the general point, but right now we are requesting information from the Minister about the general economy and the approach to this Bill. Does any other member wish to speak on that? I am anxious to move on to the different sections. I will ask the Minister to respond to what has been...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Finance Bill 2016: Committee Stage (9 Nov 2016)

John McGuinness: I will check before we get to them and I will revert to the committee. I ask the Minister to respond to what has been raised so far, after which we will proceed to section 2.