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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Rose Conway Walsh: I need to move on to ask about the vulture funds. What could be done by us to regulate them a little more? I refer in particular to the regulation of the owner rather than the middleman. Would this make a difference?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Rose Conway Walsh: Does Mr. Beades concur with the narrative that vulture funds, although hard-nosed, are almost better than banks for cutting a deal?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Rose Conway Walsh: Ms Lavin has made a sensible suggestion, which should have been implemented in the first place.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Rose Conway Walsh: I do not feel confident that it will be done even though it is the right way forward. One thousand homes were offered for takeover but the uptake by the Government and local authorities was minuscule.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Rose Conway Walsh: Joined-up thinking is needed to tackle the homelessness issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business and Banking: Discussion. (26 Jan 2017)

Rose Conway Walsh: No. I thank all of the witnesses for their presentations and answers.

Seanad: Order of Business (25 Jan 2017)

Rose Conway Walsh: I want to talk about the tracker mortgage scandal and I commend Deputy Pearse Doherty and other Sinn Féin Deputies on moving a motion calling for a full and urgent redress scheme for the 15,000 victims affected by the theft of their money by these banks. We need an overhaul of white collar crime so that the bankers responsible are held to account. In addition, an unspeakable wrong has...

Seanad: Health Service: Statements (25 Jan 2017)

Rose Conway Walsh: I thank the Minister of State for being here and the Minister, Deputy Simon Harris, for attending earlier. I wish to address a couple of points. The first relates to the rural Ireland document. I presume the Minister and the Minister of State had an input into it. It is disappointing in its vagueness on what is being done to address health care from a rural perspective. I will refer to a...

Seanad: Order of Business (24 Jan 2017)

Rose Conway Walsh: I second Senator Gerard P. Craughwell's amendment. I, too, wish everybody a happy and healthy new year and best wishes for 2017. Much has happened since we last met. Of significance to Sinn Féin as a party and the country as a whole is the resignation of our leader in the North, Martin McGuinness. I wish him, Bernie and his family the very best of health and happiness. I hope he...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Rose Conway Walsh: In the limited time available I would like to ask a few specific questions. On Brexit, if Britain leaves the European Union without a trade deal, will the World Trade Organization tariffs apply? Specifically, will they apply to trade between the North and the South of Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Rose Conway Walsh: Does Mr. Moscovici envisage the WTO tariffs being applied to trade between the North and the South?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Rose Conway Walsh: I am sure Mr. Moscovici can imagine how significant the issue is to us.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Rose Conway Walsh: The Commissioner will have to forgive us as we were in this position at the time of the banking crisis when we had very little sovereignty and little to use in defending ourselves as a country and we do not want the same to happen again. As legislators, we have a responsibility to make sure every "i" is dotted and every "t" is crossed to ensure the Irish people will be protected from the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Rose Conway Walsh: The devil will be in the detail in that regard. Again, Mr. Moscovici will forgive us because as late as today we see in respect of the rate of inflation in Germany what may need to be done in adjusting quantitative easing within the European project. We are looking at how it will impact on us in terms of interest rates and so on. Which of the following options does Mr. Moscovici see as...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Rose Conway Walsh: There are many more questions than answers. This Parliament has already given its view on the CCCTB to the effect that it goes too far and is not necessary. That is the view of the great majority of Members of this Parliament but Mr. Moscovici is here on a charm offensive to sell the CCCTB. His scouts who were here recently, however, gave the game away to this committee when they said it...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Rose Conway Walsh: You are doing a good job if you are.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: EU Corporate Taxation and Investment and Growth Strategies: Commissioner for Economic and Financial Affairs, Taxation and Customs (24 Jan 2017)

Rose Conway Walsh: Why was the original proposal presented if it was going to be so detrimental to the Irish economy?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)

Rose Conway Walsh: My question relates to the redress and restoration schemes by the bank. Do these include provision for all staff within the banks as well? Many staff within the banks are affected or have tracker mortgages as well.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)

Rose Conway Walsh: All the staff are in at the same time. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Central Bank of Ireland (20 Dec 2016)

Rose Conway Walsh: I thank Mr. Sibley for clarifying that point. My next question relates to the global restructuring group. The Central Bank has replied to the concerns of the committee regarding the global restructuring group run by the Ulster Bank and RBS. Can the Central Bank representatives clarify the type of interaction the bank has had with Ulster Bank on this issue? When did it start? Have...

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