Results 21,981-22,000 of 26,228 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: What has been the level of interaction by the ISI with the financial institutions in recent times in the context of the operation of this scheme? I am particularly interested in hearing about how the banks are dealing with personal insolvency arrangements, but perhaps Mr. O'Connor could also comment on their approach to debt settlement arrangements.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: If the banks' IT systems are not up to date or they do not have the correct procedures in place, does the ISI have at its disposal any legal tools to force them to co-operate? There could be one bank which might be ready to deal with customers who are in financial difficulties as a result of the crisis, while the other banks might be dragging their heels. There is an inconsistency in this...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: So Mr. O'Connor expects them to be operational?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Is that the case for all of the institutions?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: I welcome Mr. O'Connor. I wish to deal with some practical matters in my questions. How will the intermediaries and the personal insolvency practitioners be regulated? In my view, a lack of proper regulation was a significant cause of the mortgage crisis. I ask Mr. O'Connor to describe the screening process and the regulatory procedure.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Those are standard requirements. My question is how they will be regulated when they are up and running.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Are those powers sufficient?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: Will the practitioners be required to make annual returns?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Insolvency Service of Ireland: Discussion (17 Jul 2013)
Kieran O'Donnell: There has been much abstract discussion about costs. I want to boil it down to basics. Those availing of the service include those applying under the debt relief notice scheme. These people will not be property owners, they will probably be in receipt of social welfare payments and they will have unsecured debts. What fees will these applicants incur? What will be the cost for ordinary...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: From listening to what has been said, we have a philanthropy model in Ireland but it is not sustainable. Effectively, 85% of funding came from two sources – Chuck Feeney in Atlantic Philanthropies and the One Foundation. We must come up with a model that is sustainable. What is at issue is the structure of the model and that one spreads it over a large number of philanthropists...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: Is that even if the Deputy is not a part of it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: So Deputy Boyd Barrett is not against profit.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: Deputy Donnelly could never be accused of being radical.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: The Deputy is in politics.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: Have the witnesses had the opportunity to do an audit of the type of projects that are vulnerable in terms of their sustainability for going forward to the fiscal cliff?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: Think positively.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: What type of model funds them?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: Please boil it down to practicalities rather than an abstract description.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: Yes. What has been learned from the fund's experience in Ireland?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Invest in Irish Job Scheme: Discussion. (10 Jul 2013)
Kieran O'Donnell: Yes.