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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Michael McGrath: Could Dr. O'Hagan-Luff send a note to the committee on the issue of securitisation to explain the different models and their impact on the borrower, the bank and the entity that is now taking ownership?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Michael McGrath: It would be very helpful because this is going to be an emerging issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (17 May 2018)

Michael McGrath: He did not tell us.

Written Answers — Department of Finance: Vehicle Registration (22 May 2018)

Michael McGrath: 131. To ask the Minister for Finance the rationale for bringing in changes to the VRT regime under section 53 of the Finance Act 2017; the rationale for including certain N1 BE vehicles into the definition of category A vehicle including seven seater double chassis cab tippers and van crew cabs; and if a review of this change can be made before its commencement date of 31 July 2018. [22005/18]

Written Answers — Department of Finance: EU Regulations (22 May 2018)

Michael McGrath: 140. To ask the Minister for Finance the position under the European Union (Consumer Mortgage Credit Agreements) Regulations 2016 with regard to the calculation by banks here of break fees for consumers exiting a period on a fixed rate of interest on their mortgage; if he will request the Central Bank to undertake a public awareness campaign in order that consumers are better informed of...

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 143. To ask the Minister for Finance if he is satisfied with the protocol agreed between an organisation (details supplied) and his Department; his views on whether policyholders should be provided with specific reasons as to why their particular insurance premium has increased; and if he will make a statement on the matter. [22339/18]

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 144. To ask the Minister for Finance when he expects recommendation No. 2 of the report on the cost of motor insurance to be fully completed; his views on whether insurance premiums should be broken down between mandatory and non-mandatory elements; and if he will make a statement on the matter. [22340/18]

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 145. To ask the Minister for Finance when he expects recommendation No. 3 of the report on the cost of motor insurance to be fully completed; his views on whether the current renewal notification period should be extended from 15 days to 20 working days; and if he will make a statement on the matter. [22341/18]

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 146. To ask the Minister for Finance the tangible effort being made under recommendation No. 5 of the report on the cost of motor insurance since its publication; when he expects a fully functioning European insurance market to be up and running; and if he will make a statement on the matter. [22342/18]

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 147. To ask the Minister for Finance if he is satisfied that recommendation No. 6 of the report on the cost of motor insurance has been completed; if he is further satisfied with the situation in which returning emigrants can either be refused insurance or charged higher premiums; the specific legal impediments to enacting legislation that would prohibit discrimination against returning...

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 148. To ask the Minister for Finance his views on whether policyholders should be informed of a claim made against them once that complaint has been lodged; his further views on whether recommendation No. 8 of the report on the cost of motor insurance can be legislated for; when he expects this recommendation to be completed in full; and if he will make a statement on the matter. [22344/18]

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 149. To ask the Minister for Finance if he is satisfied that recommendation No. 10 of the report on the cost of motor insurance has been completed; the tangible steps which have been taken to address the issue of insurance for small public service vehicles, including insurance for taxis; and if he will make a statement on the matter. [22345/18]

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 150. To ask the Minister for Finance if he is satisfied that recommendation No. 12 of the report on the cost of motor insurance has been completed; if his Department will use and report on data obtained independently of an organisation (details supplied); if independent analysts have been engaged on behalf of his Department rather than on behalf of the organisation; and if he will make a...

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 151. To ask the Minister for Finance when he expects recommendation No. 13 of the report on the cost of motor insurance to be completed; if he is satisfied that a claim-by-claim register can be set up; if the data sub-group has addressed the cost implications to the State, the potential barriers to entry issues and the data protection issues; and if he will make a statement on the matter....

Written Answers — Department of Finance: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 152. To ask the Minister for Finance if he is satisfied that recommendation No. 21 of the report on the cost of motor insurance has been completed as specified in the fifth progress update; when he expects to publish legislation under recommendation No. 21 of the report; when he envisages the legislation being enacted; and if he will make a statement on the matter. [22353/18]

Written Answers — Department of Finance: Tax Yield (22 May 2018)

Michael McGrath: 161. To ask the Minister for Finance the amount of corporation tax received in each of the years 2014 to 2017, by sector, including the financial sector; and if he will make a statement on the matter. [22551/18]

Written Answers — Department of Finance: Tax Code (22 May 2018)

Michael McGrath: 162. To ask the Minister for Finance the legal and regulatory basis of the transfer pricing regime used by multinationals here; his plans for changes in this area; and if he will make a statement on the matter. [22559/18]

Written Answers — Department of Justice and Equality: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 251. To ask the Tánaiste and Minister for Justice and Equality when he expects a report on the impact of legal and other fees on personal injury awards under recommendation No. 22 of the report on the cost of motor insurance; and if he will make a statement on the matter. [22354/18]

Written Answers — Department of Justice and Equality: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 265. To ask the Tánaiste and Minister for Justice and Equality when he expects to introduce the legislation covering recommendation No. 16 of the report on the cost of motor insurance dealing with pre-action protocols for personal injury cases; and if he will make a statement on the matter. [22350/18]

Written Answers — Department of Justice and Equality: Motor Insurance Regulation (22 May 2018)

Michael McGrath: 266. To ask the Tánaiste and Minister for Justice and Equality when he expects a report on the impact of changes to the court jurisdictional limits under recommendation No. 23 of the report on the cost of motor insurance; and if he will make a statement on the matter. [22355/18]

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