Results 2,301-2,320 of 6,295 for speaker:Michael D'Arcy
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: What if the information submitted is inadequate? That may the suspected contravention.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: I must oppose the Minister in this case. It may be a good thing that if something is triggered in the public arena and the commissioner can go back to the submissions received from public office holders. I am a little concerned that-----
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: No.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: Absolutely. I am concerned that the powers are a little too strong.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: If something appears in the public arena and the commissioner has the opportunity to go back to a submission, then the submission should be the triggering opportunity. There are the submissions and also the opportunity of complaint. It is not that I want to curtail the commissioner, but as Deputy Calleary has said, somebody could act because of a vendetta or a wish to harm. The powers are...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: Yes.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: It is a big departure and I believe there is a huge lack of awareness that this legislation is coming.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: It is even worse in that there is to be an open tender process for procurement and one does not know who one will get. People without any previous experience could come through a tender process.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: Can I make a point? I spoke to a person who had an issue – I will not go so far as to say "disagreement" – and the term "come clean" was used on multiple occasions. I am concerned that we will have a Government agency doing good work that is required being pitted against an individual. The agency has the opportunity to go outside its own office for services.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: It is "stasiesque" if I may use that term.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: I am saying it.
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: I hear the point the Minister is making and the logic is sound with regard to media outlets trying to find out the people involved. He said he believes this is required. The Mahon tribunal has made assertions that there is more to be done on the side of SIPO, but the Mahon tribunal is historical at this stage. In the number of years since SIPO has been in place, and while I do not want to...
- Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Sector Standards Bill 2015: Committee Stage (6 Apr 2017)
Michael D'Arcy: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)
Michael D'Arcy: I welcome the Governor. May I make a suggestion? As costs are rising, in that trajectory there is always a period of very high movement of house prices. To follow on from what my colleague said, we spent two years with a few other members of this committee in these windowless rooms. There needs to be sufficient flexibility. Professor Lane has mentioned that there are fundamentals. I...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)
Michael D'Arcy: I am sorry. I do not want to be disrespectful but previous governors, in the period before the recession, used that terminology also. It did not work. It is not going to work. Unless the Governor has the flexibility within his structures to intervene in an intelligent way, I think we could be whistling past the recessionary graveyard again. That is not something any of us want to happen....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)
Michael D'Arcy: I think that would be helpful.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)
Michael D'Arcy: While there is a focus on the domestic property market, the commercial real estate market was the sector that collapsed the banks and the Irish economy with it. Is Professor Lane satisfied with the analysis that the Central Bank of Ireland is conducting in respect of the commercial real estate, CRE, sector?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)
Michael D'Arcy: May I revert to trackers? When institutions are no longer trading, liquidators may be appointed. Does the legislation in respect of liquidators have a different impact on those institutions that are trading? Are they able to hide behind legislation that does not give their clients the opportunity to have full redress?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)
Michael D'Arcy: Will compensation also form part of the remedy?