Results 3,601-3,620 of 7,082 for speaker:John Paul Phelan

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

John Paul Phelan: And what was the format like? Was it general guidance, or-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

John Paul Phelan: So there wasn't really a formal document or-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

John Paul Phelan: Okay. I want to turn to your statement on the issue of corporate governance and proposals that you made in 2005, and I want to quote directly again, and you referenced it I think in some of the previous answers that you've given. You state: In May 2005, I proposed to the Authority a corporate governance regime for banks and building societies. This proposal was to impose a formal...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

John Paul Phelan: All right, thank you.

Midland Regional Hospital: Motion [Private Members] (26 May 2015)

John Paul Phelan: I too express my sympathy to the families affected by the events covered in the reports we are discussing. I welcome the motion brought forward by Fianna Fáil which, in fairness, seeks to address the serious issues uncovered by the reports. I am not a parent and can only imagine the pain and hurt experienced by any parent who loses a child and his or her exasperation on learning about...

Return to Writ: Carlow-Kilkenny - Introduction of New Member (26 May 2015)

John Paul Phelan: I join others in the constituency in congratulating Bobby and welcoming him back to Dáil Éireann. In particular I congratulate his family and supporters who are present today. The Aylward family have been involved in politics in County Kilkenny for generations at this stage and they have a formidable political operation as was shown in recent months. I am a bit of a political...

Return to Writ: Carlow-Kilkenny - Introduction of New Member (26 May 2015)

John Paul Phelan: It is not a day for party politics, other than to say that my family's connection with the Aylwards goes back a long time. My father was on the Kilkenny GAA county board for 20 years and sat beside Bob Aylward for most of those years. We are neighbours and friends. I wish Bobby the very best of luck for the ten months or however long is left in this Dáil term.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: Good afternoon, Mr. Hurley. Briefly, at the start, with the benefit of hindsight, do you feel that the discussions that took place at ECOFIN level and, indeed, financial committee level in Europe on macroeconomic issues and on financial stability in the period leading up to the crash were sufficient? What decisions came from those discussions?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: Okay, thank you. I want to turn you now, if I can, to core document, Vol. 3 on page 55. It is briefing on financial stability issues from 7 May 2008. In the middle ... page 55 ... the middle of page 55 under a heading, "Contingency Planning". It's on the screen in front of you, I think, there, as well. Do you see the heading, "Contingency Planning"? I want to put the quote to you. It...

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: It's 7 May 2008.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: Do you believe that you had identified ... the last part of the quote, "at the earliest possible stage" ... that these liquidity issues being identified. Is that the case?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: I want to come to that a little bit later, because my time is limited - I'm not trying to cut you short. But how do you reconcile that then with the statement ... or the information this morning from a question from Deputy Doherty in relation to the letter about the Irish financial institution and its access to liquidity issues that had emerged.

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: But you just said there now that you were at the earliest possible stage-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: Why wasn't it, in your opinion, brought to your attention? Should it have been brought to your attention - the 7 March letter, now?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: Okay. I just want to turn briefly then to ... on the same document, page 57 ... the last paragraph on page 57. It should be up in front of you, I hope, in a moment. I'll wait until it comes up. Page 57 of document 3 or Vol. 3. Will there be injury time, Chairman?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: I want to wait until the quote comes up. Yes, that last paragraph, "The Central Bank and Financial Regulator are working closely with the domestic financial institutions to monitor their liquidity position on a weekly basis, [now, this is 7 May that this document was prepared] identifying where significant funding pressures may emerge in the future." I want to ... your view as to whether...

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: And would it have been the case-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: And would it have been the case, then, that you would have been aware "on a weekly basis", to use that quote, when liabilities were coming due for the Irish banks at that particular point?

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: Okay. And then, finally, in my last couple of minutes ... the following page, page 58 ...it's what you were referencing yourself earlier about the meetings that were taking place with chief executive officers. The first paragraph on page 58. The quote is that "The Central Bank is liaising with the major domestic banks at CEO level to explore ... options that may be available for mutual...

Committee of Inquiry into the Banking Crisis: Nexus Phase (21 May 2015)

John Paul Phelan: Okay. Can you elaborate any further on the nature of those discussions? How long did they go on for? When did it start?