Results 23,701-23,720 of 35,924 for speaker:Pearse Doherty

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: In your own words you were advocating that Ireland was a light touch, sorry, "very lightly regulated compared to most of our European colleagues and the burden on business of regulation tended to be lower than in many other EU member states." So do you accept that you were aware that the Financial Regulator who accompanied you there was pursuing light-touch regulation with the banks? And if...

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: Sorry you put it.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: I'm only quoting you Mr. Ahern; they are not my words.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: I'll move along anyway. If I can ask you, we've seen the graphs in terms of the explosion of credit into the market. And you yourself talked about that the commercial property was where the madness really took place. Mr. Ahern, your Government introduced the Asset Covered Securities (Amendment) Act 2007. It's reported that you were lobbied by the financial institutions, and the Minister...

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: Mr. Ahern, you were the Taoiseach of the country-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: -----doesn't all legislation have to be ... get a Cabinet approval?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: Okay so, do you accept collective responsibility?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: Were you aware that this allowed for banks like Anglo Irish Bank which was a commercial ... in the main, commercial property bank, to actually secure more funding from the wholesale markets to release into the Irish and other markets? Were you aware that that ... you were lobbied by the financial sector. Were you aware that this was the intent behind this legislation, as a former Minister...

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: But whether it did or not-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Pearse Doherty: This is finally, whether it did or not, the Government's intention, through this legislation, to allow for commercial mortgages to be included in covered assets securities, was to allow for banks such as Anglo, Bank of Ireland, Depfa bank, banks who all got into trouble, to access more wholesale money on the wholesale markets at the peak of credit into the Irish market. Do you take...

Written Answers — Department of Finance: Financial Services Ombudsman (15 Jul 2015)

Pearse Doherty: 71. To ask the Minister for Finance the number of customers at Permanent TSB who were wrongly moved from, or prevented from being on, a tracker mortgage, and who have had their case dealt with by the bank; and if he will make a statement on the matter. [29266/15]

Written Answers — Department of Finance: Financial Services Ombudsman (15 Jul 2015)

Pearse Doherty: 72. To ask the Minister for Finance the number of cases the Financial Services Ombudsman decision that Permanent TSB has acted wrongly in removing persons from tracker mortgages affects; the number of these cases that have been, decided; decided in favour of the customer; and decided against the customer; and the number of cases still pending. [29267/15]

Written Answers — Department of Finance: Financial Services Ombudsman (15 Jul 2015)

Pearse Doherty: 73. To ask the Minister for Finance the deadline for Permanent TSB to restore and-or compensate those who it was found to have moved off tracker mortgages wrongly, or prevented from accessing tracker mortgages; and if he will make a statement on the matter. [29268/15]

Written Answers — Department of Finance: Financial Services Ombudsman (15 Jul 2015)

Pearse Doherty: 74. To ask the Minister for Finance the legal costs incurred by Permanent TSB in appealing the finding of the Financial Services Ombudsman that it acted wrongly in removing persons from tracker mortgages. [29269/15]

Written Answers — Department of Finance: NAMA Staff Data (15 Jul 2015)

Pearse Doherty: 77. To ask the Minister for Finance the number of staff at a senior level who have left the National Asset Management Agency in each of the past three years, by grade; and if he will make a statement on the matter. [29368/15]

Written Answers — Department of Finance: National Treasury Management Agency Staff (15 Jul 2015)

Pearse Doherty: 78. To ask the Minister for Finance the number of staff at a senior level who have left the National Treasury Management Agency in each of the past three years, by grade; and if he will make a statement on the matter. [29369/15]

Written Answers — Department of Finance: Banking Licence Applications (15 Jul 2015)

Pearse Doherty: 81. To ask the Minister for Finance the number of applications received for a banking licence in each of the past five years; the results of each application; and in each case if the person was Irish or foreign based. [29470/15]

Written Answers — Department of Finance: Tax Yield (15 Jul 2015)

Pearse Doherty: 83. To ask the Minister for Finance the revenue that would be generated from reducing the entry level adjusted income threshold to €120,000, and the full restriction level to €180,000, with an effective tax rate of 38%. [29498/15]

Written Answers — Department of Finance: Tax Yield (15 Jul 2015)

Pearse Doherty: 84. To ask the Minister for Finance the revenue that was generated when the standard fund threshold was reduced from €5 million to €2.3 million in 2010. [29499/15]

Written Answers — Department of Finance: Tax Yield (15 Jul 2015)

Pearse Doherty: 85. To ask the Minister for Finance the revenue that would be generated by disallowing tax relief for pensions when a standard fund threshold of €1.3 million is exceeded by a person. [29500/15]