Results 4,481-4,500 of 26,705 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Minister of State at the Department of Finance (16 Dec 2020)
John McGuinness: So it has had some meetings. Some groundwork has been done.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Minister of State at the Department of Finance (16 Dec 2020)
John McGuinness: I ask the Minister of State to reflect on the contribution he has made here today and to reflect on the previous Minister's contributions to this committee. He will see that adds up to very little action at the end of the day. That is supported by the vast number of people who have to fight with their insurance company for their due rights under a policy. We have met the publicans in...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Minister of State at the Department of Finance (16 Dec 2020)
John McGuinness: I ask the Minister of State to respond to Deputy Barry in writing providing greater detail. The Deputy is anxious to get his views on these matters.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Issues: Minister of State at the Department of Finance (16 Dec 2020)
John McGuinness: I thank the Minister of State for his attendance.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (16 Dec 2020)
John McGuinness: It was agreed in private session earlier that in respect of schedule A, COM (2020) 593, 594 and 673, and schedule B, COM (2020) 389 to 398, inclusive, no subsidiarity issues arise and none of the proposals warrants further scrutiny. I thank members for their patience and also their contributions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: I remind members to turn off their mobile phones. If they wish to take off their masks when they are speaking for identification purposes, they should please do so. Today we are engaging with the Central Bank. I welcome Mr. Ed Sibley, Ms Gráinne McEvoy and their colleague, Mr. Anthony Cahalan. On privilege, the witnesses are directed that only evidence connected with the subject...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: Do the witnesses wish to comment on any of the remarks made by Deputy Durkan?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: I thank the Senator.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: Please do.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: We covered that earlier. It is clear from our interaction with the Central Bank before the meeting that it is not in a position to comment on NatWest or Ulster Bank.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: We are running out of time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: We do, but I have to come in. I will allow the Deputy until 3.20 p.m. and then I will need to take ten minutes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: So have I.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: We proposed we would take that as part of our work programme early on.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: I will ask a few questions, although Mr. Sibley probably will not be able to answer them in the short time remaining. I do, however, wish to put them on the record. Perhaps he could come back to us with answers. I thank him for the comprehensive response to the various issues raised at the previous meeting which we received earlier today. The committee and I sent some material to bring...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: I will refer to what we will call an accounting loophole. Chartered Accountants Ireland has confirmed that it allows banks to conceal losses while its counterpart in the UK has admitted that the same loophole is contrary to European company law. There was reported an article in theFinancial Timesby Matthew Vincent on 7 May, which shows that the Central Bank of Ireland relied on this flaw....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: These particular articles were significant in that, if what they stated is true, they would create serious doubt in the minds of those leading banks and central banks.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: I will send them on.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: I will come back to Mr. Sibley on that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues in Ireland: Central Bank (15 Dec 2020)
John McGuinness: I want to know the Central Bank's view of these issues. I will put some specific questions to Mr. Sibley. I raised the issue of EBS tied agents. We were told that it is a matter of tied agents versus the bank and that the courts are involved. Within the complaint of the EBS tied agents is the detail that EBS knowingly misrepresented its financial position to the markets, creditors and the...