Results 20,241-20,260 of 32,924 for speaker:Paschal Donohoe
- Written Answers — Department of Public Expenditure and Reform: Office of Government Procurement (20 Mar 2018)
Paschal Donohoe: The Tender Advisory Service (TAS), launched in December 2014, provides an informal outlet for potential suppliers to raise concerns in relation to live tender processes. The service became operational in February 2015 and is managed by the Office of Government Procurement (OGP). TAS liaises with potential suppliers and contracting authorities to clarify or query tender documentation and,...
- Written Answers — Department of Public Expenditure and Reform: Office of Government Procurement (20 Mar 2018)
Paschal Donohoe: The SME Working (Advisory) group, chaired by my colleague, Minister of State Patrick O’Donovan, meets on a quarterly basis in accordance with the Programme for Government, so that the voice of Irish SMEs can be heard by Government and the Office of Government Procurement (OGP). In 2017, the group met in February, May, September and December. The first meeting of 2018 was...
- Written Answers — Department of Public Expenditure and Reform: Labour Employer Economic Forum (20 Mar 2018)
Paschal Donohoe: The Government established the Labour Employer Economic Forum in July 2016 as a formal structure for dialogue with representatives of employers and of labour on economic and social policies as they affect employment and the workplace. The Forum is sponsored by the Minister for Public Expenditure and Reform, the Minister for Finance and the Minister for Business Enterprise and Innovation. The...
- Written Answers — Department of Public Expenditure and Reform: Strategic Communications Unit (20 Mar 2018)
Paschal Donohoe: The Office of Government Procurement had no involvement in the procurement process for the named company in relation to the Strategic Communications Unit.
- Written Answers — Department of Public Expenditure and Reform: Civil Service Staff Data (20 Mar 2018)
Paschal Donohoe: Action 12 of the Civil Service Renewal Plan committed to “Design and implement a robust performance review process for Secretaries General and Assistant Secretaries”. Roll out of a revised performance review process across the Civil Service for those at Assistant Secretary, Deputy Secretary and Second Secretary levels, commenced in January, 2016. The first round of reviews...
- Written Answers — Department of Public Expenditure and Reform: National Development Plan Data (20 Mar 2018)
Paschal Donohoe: The following table lists the projects mentioned in the National Development Plan related to my Department or the bodies under its aegis: Public Body Project Completion Date Department of Public Expenditure and Reform Office of Government Procurement - Investment in e-Tenders platform Ongoing investment over the lifetime of the NDP 2018-2027 Office of the Government Chief...
- Written Answers — Department of Finance: Insurance Coverage (8 Mar 2018)
Paschal Donohoe: I am conscious of the difficulties that the absence or withdrawal of flood insurance cover can cause to homeowners and businesses, and that is one of the reasons why the Government has been prioritising investment in flood defences over the last number of years. However, you should be aware that the provision of insurance and the price at which it is offered is a...
- Written Answers — Department of Finance: Code of Conduct on Mortgage Arrears (8 Mar 2018)
Paschal Donohoe: The Central Bank of Ireland has informed me that the Code of Practice on the Transfer of Mortgages was issued by the Central Bank in 1991 to institutions involved in mortgage credit and it is a voluntary code. It may be applied on a voluntary basis by any institution involved in mortgage credit. The Code of Practice applies to a loan secured by the mortgage of a residential...
- Written Answers — Department of Finance: Motor Insurance Costs (8 Mar 2018)
Paschal Donohoe: As the Deputy will be aware, the Cost of Insurance Working Group examined the need for greater data transparency in relation to the factors that influence the cost of motor insurance premiums. While the Central Statistics Office (CSO) collects data on the price of motor insurance premiums as part of the Consumer Price Index (CPI) each month, the Working Group believed that there was a...
- Written Answers — Department of Finance: Primary Medical Certificates Applications (8 Mar 2018)
Paschal Donohoe: As stated in my response to the Deputy on 25 January 2018 (PQ 3851/18), I am advised by Revenue that the person concerned, who was a first time applicant, was deemed by them not to have qualified for the Disabled Drivers and Disabled Passengers Scheme and as such was not eligible to access the benefits of the scheme. I am further advised that Revenue informed the...
- Written Answers — Department of Finance: Mortgage Arrears Rate (8 Mar 2018)
Paschal Donohoe: I have been advised by the Central Bank of Ireland that the European Banking Authority (EBA) publishes data on a variety of measures including non-performing loans for 132 banks across 25 countries of the European Union (EU) and the European Economic Area (EEA). Table 1 "2017 EU-wide transparency exercise result" (attached) provides the non-performing loan ratio for households (which...
- Written Answers — Department of Finance: Banking Sector Data (8 Mar 2018)
Paschal Donohoe: The information the Deputy requested is not held by my Department and so I referred the question to the Central Bank of Ireland, as the body responsible for regulating the banks. I have been advised by the Central Bank of Ireland that under Section 33AK of the Central Bank Act 1942, the Central Bank is not in a position to provide any specific information in this...
- Written Answers — Department of Finance: Banking Sector Data (8 Mar 2018)
Paschal Donohoe: IFRS 9 introduces a new regime for impairment provisioning and imposes an Expected Credit Loss approach to provisioning as opposed to the incurred loss approach that was required by IAS 39. IFRS 9 does not change in any way the definition of Non-Performing Loans (NPLs) introduced by the European Banking Authority (EBA) and as a result should not impact the quantum of NPLs. ...
- Written Answers — Department of Finance: Banking Sector Data (8 Mar 2018)
Paschal Donohoe: The European Council Action Plan published in July 2017 invited the European Commission to develop by summer 2018, a European approach to foster the development of secondary markets for NPLs, in particular to remove impediments to the transfer of NPLs by banks to non-banks and to their ownership by non-banks, while safeguarding consumers' rights, as well as to simplify and potentially...
- Written Answers — Department of Finance: Tax Credits (8 Mar 2018)
Paschal Donohoe: I am advised by Revenue that the eligibility criteria for the Single Parent Child Carer Credit (SPCCC) are set out in section 462B of the Taxes Consolidation Act 1997 and are available on the Revenue website. The SPCCC, currently €1,650 per annum, is available to an individual, referred to in the legislation as the “primary claimant” where that individual:- 1. has a...
- Written Answers — Department of Finance: Mortgage Book Sales (8 Mar 2018)
Paschal Donohoe: The Deputy will be aware that PTSB announced on 13th February that it was commencing the process for the sale of a portfolio of NPLs referred to as Project Glas. On the 20th February, the bank gave details of the portfolio of loans which is under consideration. The bank confirmed in these details that 18,000 properties are linked to loans which are within the scope of Project Glas, 14,000 of...
- Written Answers — Department of Finance: Motor Insurance Costs (8 Mar 2018)
Paschal Donohoe: The Deputy should note at the outset that in my role as Minister for Finance I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on the risks they are willing to...
- Written Answers — Department of Finance: Mortgage Repayments (8 Mar 2018)
Paschal Donohoe: Since the establishment of the Single Supervisory Mechanism (SSM) in November 2014, the focus has shifted from reducing mortgage arrears levels to reducing Non-performing Loans (NPLs). This shift in focus has been accompanied by a new strict definition Europe-wide of what constitutes an NPL by the European Banking Authority (EBA) which means that certain restructures are deemed NPL even if...
- Written Answers — Department of Finance: Tax Yield (8 Mar 2018)
Paschal Donohoe: I propose to take Questions Nos. 46 to 49, inclusive, together. I am advised by Revenue that Corporation Tax received from companies involved in oil and gas exploration and extraction cannot be provided due to the low number of companies involved in the sector and Revenue’s confidentiality obligations. However, such companies are likely to be recorded in the trade sector “Mining...
- Written Answers — Department of Finance: Departmental Meetings (8 Mar 2018)
Paschal Donohoe: The Minister for Housing, Planning and Local Government, under Action 5 of the Strategy for the Rental Sector, established a working group with the participation of the Departments of Housing, Planning & Local Government, Justice & Equality; Finance; and Business, Enterprise and Innovation, to examine the scope for amending legislation to provide for greater...