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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

Michael McGrath: Does Mr. Crowley believe consumers should be represented at the highest levels within banks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

Michael McGrath: I have a final question for Mr. Crowley about SEAR which is another acronym for us. It stands for senior executive accountability regime. Mr. Crowley has made the point that we need to ensure it will not be introduced in a manner that will hinders the attraction of talent to the sector, or mobility and diversity within banks. I want to tease out this point while we are talking about the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

Michael McGrath: It will apply across the board to all regulated entities.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: I move:"That Dáil Éireann: recognises that:— micro-, small- and medium-sized enterprises currently employ over one million people in Ireland according to the Central Statistics Office (CSO); — the cost of employer liability insurance and public liability insurance is a direct threat to the competitiveness and sustainability of many businesses throughout the country,...

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: Before getting to the subject matter at hand, I warmly welcome students and staff from St. Peter's community school in Passage West , County Cork. It is the school I attended so I am delighted they are here in Dáil Éireann and able to witness this debate. I wish them well.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: The focus of this motion is employer liability and public liability insurance. It is not that everything is fine in the area of motor insurance, as it certainly is not, but the focus of the motion is in respect of employer and public liability. For businesses, voluntary organisations, community groups, sporting bodies, livestock marts, festivals and so on, there is a real crisis regarding...

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: That does not prevent the Government bringing in the Judicial Council Bill.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: That does not block the Government bringing in the Bill.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: It was moved in November 2017.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: The Government will go to Committee Stage within the month then.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: Before the end of next month.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: The Bill will proceed to Committee Stage before the end of this month, even if the other Bill is still being debated.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: The Judicial Appointments Commission Bill was not blocking it then.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: Deputy Boyd Barrett will try to take ten.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: I thank all Deputies who contributed to the debate. The debate is not what is important. What is important is what follows. I want the Minister of State to use this debate as leverage to get more support and more movement on some of the key issues involved. It is a concern that there were no Ministers from the Departments of Justice and Equality or Business, Enterprise and Innovation....

Credit Union Restructuring Board (Dissolution) Bill 2019: Second Stage (Resumed) (13 Mar 2019)

Michael McGrath: I welcome the opportunity to make a contribution on the Bill. Fianna Fáil will support the legislation. I acknowledge the good work the restructuring board did in the period from 2013 to 2017, which was quite a challenging period for many credit unions. The fact ReBo facilitated 82 restructuring projects involving 156 credit unions in 24 counties on a voluntary basis was, undoubtedly,...

Written Answers — Department of Foreign Affairs and Trade: Human Rights (26 Mar 2019)

Michael McGrath: 162. To ask the Minister for Foreign Affairs and Trade his plans to support a UN binding treaty on business and human rights in 2019; and if he will make a statement on the matter. [13464/19]

Written Answers — Department of Finance: VAT Rate Application (26 Mar 2019)

Michael McGrath: 178. To ask the Minister for Finance when proposals to change the VAT rules will be advanced through the European Union; if defibrillators are liable for VAT at the standard rate; the reason under the current rules defibrillators cannot be charged at one of the two lower rates of VAT; if it will be permissible under the new rules as they are proposed to exempt defibrillators from VAT; and if...

Written Answers — Department of Finance: Insurance Compensation Fund (26 Mar 2019)

Michael McGrath: 243. To ask the Minister for Finance when the State Claims Agency expects to have a High Court hearing for the next tranche of moneys to be drawn down from the Insurance Compensation Fund for claimants yet to be paid as a result of the failure of a company (details supplied). [14250/19]

Written Answers — Department of Finance: Revenue Commissioners Data (26 Mar 2019)

Michael McGrath: 216. To ask the Minister for Finance the net cost to the Revenue Commissioners of maintenance, security and related expenditure on homes, vehicles, ships or other items seized by the Revenue Commissioners minus their subsequent sale proceeds, if applicable, in each of the years 2011 to 2018; and if he will make a statement on the matter. [13463/19]

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