Results 24,741-24,760 of 35,894 for speaker:Pearse Doherty
- Written Answers — Department of Environment, Community and Local Government: Domestic Violence Refuges (9 Jun 2015)
Pearse Doherty: 1041. To ask the Minister for Environment, Community and Local Government the costs involved in renovating 91A Lower George St, Dún Laoghaire, County Dublin, into a refuge for victims of domestic violence in view of the current huge shortage of places for victims. [21500/15]
- Written Answers — Department of Environment, Community and Local Government: Domestic Violence Policy (9 Jun 2015)
Pearse Doherty: 1060. To ask the Minister for Environment, Community and Local Government if attempts have been made to change the law, whereby the perpetrator of domestic violence is evicted from the local authority home, as is the legal case in Austria, thus facilitating the victim in remaining within the family home. [21821/15]
- Written Answers — Department of Finance: Mortgage Interest Rates (28 May 2015)
Pearse Doherty: 72. To ask the Minister for Finance if he will increase the bank levy on specific banks as opposed to a general increase; and if he will make a statement on the matter. [21091/15]
- Written Answers — Department of Justice and Equality: Road Traffic Offences (28 May 2015)
Pearse Doherty: 103. To ask the Minister for Justice and Equality the amount of revenue that as been raised from speeding fines within a GoSafe safety camera location (details supplied) in County Donegal since January 2015; and if she will make a statement on the matter. [21163/15]
- Written Answers — Department of Health: Health Services Staff (28 May 2015)
Pearse Doherty: 124. To ask the Minister for Health his plans to enhance the regulation of counselling and psychotherapy services; his further plans which would make it a requirement for practitioners to hold a minimum educational qualification in order to maintain industry standards; if consideration has been given to the benefit to the sector of introducing such regulation, particularly with regard to...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: Go raibh maith agat, a Chathoirligh, agus fáilte roimh an tUasal Neary. I want to ask you in relation to ... just in relation to your actual principles-based approach and I put it to you and it could be suggested that not only did you implement and celebrate a principles-based approach but you went actually further than a principles-based approach because the rules that apply to that...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: Was there any other ... you say that this was celebrated internationally and so on. Was there any other European jurisdiction that had a principles-based approach but that could not follow up on sanctions when the principles were breached?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: So, would you be ... do you still stand over the statement that the type of approach here, which included that the rules that were set out, could not be followed through were the similar practice ... practised throughout Europe and internationally?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: The point I'm making, Mr. Neary, is that a principles-based approach have principles of which you developed nine principles, which were followed up by codes and by conditions that had to be fulfilled by the banks but you did have ... you had no power, whatsoever, during your tenure as CEO to follow them up because of the staff resources that you have. I'm putting to you that: is it the case...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: Okay. Can I ask you, your predecessor of the CEO of the Financial Regulator made a comment for the purpose of the internal review of the crisis simulation exercise in 2005. He said "That in a crisis [and this is summarised] ... that in a crisis scenario, there is a limit to the type of information that can be provided by a principles-based regulator". Can you comment on how ... on this and...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: Mr. Neary, I'd like to now discuss, if I may, loan concentration, not by sector but by borrower, and we know and the public are now becoming knowledgeable of these matters after the event as information started to trickle out, but you, in your capacity as CEO of the Financial Regulator, I assume, would have all of this information at hand-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: -----at the time ... at the time. We know from the Nyberg report that the top 20 customers in Anglo Irish Bank at May 2008 had 50% of the Irish loan book, which was €41.7 billion at the time. Now that's 20 borrowers in that bank had 50% of the loan book, that's more ... there's more people in this room than had 50% of the loan book of Anglo Irish Bank. We know in terms of INBS that...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: No ... okay-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: Sorry.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: Right, Mr. Neary, you were the regulator or what people perceived as the regulator, the CEO ... you were fully aware, you're telling this committee, that half of the Irish loan book of Anglo Irish Bank resided in the hands of 20 of its customers. That 51% ... at the time ... at the time that 51% of the commercial loan book of INBS resided in the hands of 25 individuals. ...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: Okay. Can I put to you that when the lawyer and academic, Bill Black, appeared before this committee, he was asked about these types of concentrations and he said and I'll quote:I have never seen a concentration that high at any financial institution of any size anywhere in the world at any time in history. It is absolutely - no question ... no ifs, ands or buts - utterly unsafe and unsound...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: With respect, Mr. Neary, nobody is suggesting that you are saying the individual ... individual customers but let's be clear in this here: the transposition of the directive actually does exactly what you are arguing that you should not be able to do. It does put limits in relation to the type of loans that can be given by financial institutions in relation to their own resources to ... to...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: Can I just say, and I ... I make this point. When the Central Bank issued their notice to the banks, you actually state in it while it was minimum requirements, you have increased the requirements for directors and shareholders. So I'm not sure if that was the same that happened right across Europe. But you had the ability to increase the requirements in relation to concentration of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: -----why did you do nothing?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)
Pearse Doherty: Go raibh maith agat, a Chathaoirligh. Mr. Neary, can I ask you to outline your knowledge on events and analysis that led to the initial drafting of legislation in the spring of 2008 to permit the Minister to nationalise a financial institution? And can you outline to us what advice, if any, did you give ... did the Financial Regulator offer in this regard?