Results 2,381-2,400 of 26,398 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: No regulation or legislation will force a vulture fund to come before us as a finance committee to discuss all the issues vulture funds are imposing on Irish people, such as repossessing homes and so on. On the other side of this, there is all the legislation we are discussing, which can be simply imposed in member states without due consideration for the honesty of family members who are...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: That is my point. Officials know my son and daughter but they do not know the drug dealer. It is weighted in such a way that makes it very strange for those who come under the legislation or the EU directive to accept it. I do not accept it. I accept the principle of what our guests are trying to do but I do not accept the way this is being addressed. I am asking you as the officials who...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Except that they do not seem to know that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Can I ask Ms McVeigh about the single rule book?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Will that be signed off?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: What stage is that at?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Is it months of months?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: That rule book must almost be prepared then.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Is it possible to get a copy of that rule book?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: When will the final version be signed off?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: I have just found that quote from Mr. Bruen: "Refusing a business relationship with a person simply on the basis of them being a PEP is clearly contrary to the spirit of the regime." There are Members of the Dáil who have highlighted that particular aspect of this to me, and have said that when they were approached to invest in a company and went about doing it, there was no doubt...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Does Mr. Bruen understand what I am saying?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: It delays the legitimate process.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Then it creates doubt over their character.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Another live question relates to financial institutions that are extremely reluctant to have anything to do with those who are described as PEPs. They would prefer if they did not open an account with them. Maybe I am wrong, but I think Deputy Durkan raised that issue at a previous meeting.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: The financial institutions do not want you if you are a PEP. That is a fact.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Colleagues around the Houses have come to me because both Deputy Durkan and I have spoken publicly about this. We want to get this right, but the consequence of the decisions to date are such that they create fear regarding the description of a PEP, what people think of PEPs within banks and just with what is going on generally. The banks do not want the scrutiny and they do not want too...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Every customer of an institution is not treated like a politically exposed person.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: Is there a question, Deputy?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)
John McGuinness: It has been amended since. I am talking about the final version of it.