Results 4,061-4,080 of 4,928 for speaker:Peter Mathews

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Peter Mathews: Deputy Michael McGrath is also an accountant. It is important that on a five-year basis, the firm that audits an enterprise, regardless of whether it is a voluntary enterprise, PLC or private limited company, brings fresh eyes, thinking and standards. In respect of the permanent audit file to which Mr. Morris referred and which documents the systems, the patient's file can travel from one...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Peter Mathews: I take the point if that is referenced to the Parma audit. However, we have a banking sector with comprehensive losses of €135 billion in this country. Perhaps there was an element of complacency in the overall prudential reviews and tests carried out over a long period of time - over ten years. I will not particularise professions but, in general, 'Establishment' Ireland got complacent.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion (Resumed) (20 Sep 2012)

Peter Mathews: The credit union framework for prudential business has operated well over the years. It is inappropriate for the IBF to make any remarks on this subject because the credit union movement has, through its experience and operation, carried out the type of prudential assessment appropriate to the business it conducts. Credit unions are in a position to evolve and address any new risks that may...

Written Answers — Department of Environment, Community and Local Government: Property Taxation Application (20 Sep 2012)

Peter Mathews: To ask the Minister for Environment, Community and Local Government when the expert report on the property tax conducted by Dr. Thornhill will be published; if a job impact assessment has been conducted on the introduction of a property tax; and if he will make a statement on the matter. [39711/12]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: Who will pay for the losses?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: As well as deleting parts of the legislation we could insert others.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: A simple amendment.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: I thank the witnesses for attending. Are the witnesses seeking the deletion of paragraph 10(i) on page 65? Is it as simple as that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: That is what we have been discussing in general terms. Had the witnesses stated that it would have cleared things up. Are the witnesses also proposing that the reference to the three years and aggregative nine years be amended?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: Why then did the witnesses not say so? Had they done so that would have cleared up all sorts of issues such as why it was or was not discussed and whether there was consensus. What the witnesses are seeking is the deletion of paragraph 10(i) on page 65 and the amendment of the reference to nine years cumulative experience. That clears up that issue. I thank the witnesses for their...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: That is extraordinary.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: So 3 million of the 6 million people living on this island are members of the credit union?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: So, one person could, say, have four accounts?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: As such, the 3 million figure may not relate to 3 million people.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: Congratulations to everybody involved in building up such a base for a democratic and voluntary movement. Credit unions meet many of the financial needs of individuals and households at a micro and medium micro level. The legislation arises out of the commission's work on the difficulties that have emerged as a result of a general financial meltdown, mainly bank driven. The reality is...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: It is a question which I was asked to raise with Mr. Brennan. I have asked it specifically as it was put to me.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: Yes, banks funding the unions to some degree on the inter-bank markets.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: Mr. Brennan can leave that question aside.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Bill 2012: Discussion with Irish League of Credit Unions (19 Sep 2012)

Peter Mathews: It is an open question.

Confidence in the Minister for Health: Motion [Private Members] (18 Sep 2012)

Peter Mathews: Excuse me, I would like to hear the Minister.