Results 24,161-24,180 of 35,924 for speaker:Pearse Doherty
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Yes. For budget 2006, Indecon took on a review of property-based tax incentives and, on page 32 of the report, it said, "The options of financial institutions, auctioneers, and accountancy tax professionals regarding the effect of the property-based tax incentives as well as other analysis undertaken by Indecon suggest that, in addition to increasing investment and projects, the tax...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Yes, we're aware of that------
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Yes, but you were Minister for seven years. You'd brought in seven Finance Bills during ... where those urban renewals continued through that period. I want to move on to another question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Nine Finance Bills. Well, there you go. One of the statutory objectives of the Financial Regulator was the promotion of the financial services industry in Ireland. To what extent did Government encourage the Central Bank to pursue this role internationally? And in your view, did the ... this objective compromise the prudential role of the Financial Regulator?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Okay. In your view, were the regulatory institutions of the State focused on the non-labelling of the IFSC as an offshore haven, instead of ensuring that the domestic banks were regulated in a sufficient robust manner to mitigate against the financial stability risks arising from the domestic sector?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: No, sorry, I am aware of that. The question was-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: The question was, were the authorities overly concerned with making sure that the IFSC was not labelled as a tax haven to the detriment of prudential regulation? That was the question.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Okay.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Okay. Can I ask you, you were responsible as Minister of Finance for appointing the majority of the board members to the central board and Financial Services Authority of Ireland board and the board of IFSRA. Can I ask you, how did you come about ... how did you decide on who to appoint to the board? And it seems, you know, your appointments to the board of the Financial Regulator...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Yes, I'm asking about you-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Okay. Okay-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Can I ask you ... when I asked Kevin Cardiff, who was here, of who lobbied for the guarantee, your name popped up. He mentioned that at a meeting on 23 May, you suggested to him that a broad statement would be made. Can you enlighten the committee as to, first of all, your recollection of that conversation with Kevin Cardiff? What was your motivation for saying that to Kevin Cardiff? Had...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Was there any lobbying done-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: -----in relation to any of this?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: You think you said that because your statement-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: So was that the sum total? The other part of the question was, was that the sum total of all your conversations-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: -----like, and I mentioned the meeting that you had with Seanie FitzPatrick in August 2008. Was there any lobbying done?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: Well, sorry, it's reported that you met with a senior banker in 2008, in August 2008. That right?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (1 Jul 2015)
Pearse Doherty: My apologies if that's incorrect.