Results 4,501-4,520 of 74,100 for speaker:Bernard Durkan

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Changes to Public Spending Code: Department of Public Expenditure, National Development Plan Delivery and Reform (12 Jul 2023)

Bernard Durkan: I have one last question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Changes to Public Spending Code: Department of Public Expenditure, National Development Plan Delivery and Reform (12 Jul 2023)

Bernard Durkan: Does the Department see itself making a major input into the delivery of the national development plan? How will the Department arrive at it? Will it select different schemes ad lib or evaluate them all and take the most important, fundamental ones?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)

Bernard Durkan: I welcome our witnesses. I will follow on from one of Deputy Doherty's questions regarding the time-lag. If customers thought a scam was going on at a weekend, for example, when all business is not the same as during the working week, and a payment is made where they are told it will be credited to their account in four or five working days, would it not be more beneficial to customers if...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)

Bernard Durkan: If I make a payment to somebody anywhere in Europe this evening, it is gone out of my account instantly. It is gone five or ten minutes later. In three, four or five days, the person to whom the payment was made has got it in his or her account. Where was it in the intervening period?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)

Bernard Durkan: I know that. To assuage my conscience - I have a conscience sometimes - I would like to be sure, if it is not in my account or in the account of the person to whom I made the payment, whose account it is in. It used to be a clearing house, once upon a time, although I am not sure it was in that account either. Who has the use of that money? It is not accounted for in either place. It has...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)

Bernard Durkan: What is the regulated payments system? Does a custodial system exist where the payment goes into that system and stays there without penalty or payment?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)

Bernard Durkan: If interest is payable on the money or any kind of penalty arising from late payment, for example, or benefit in some other way, who gets it? I presume the bank does.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)

Bernard Durkan: It is not much use talking about it now but in the old system, if you walked into a bank with €10,000 or €20,000, or cheques or assorted moneys and so on, lodged it and looked at the account afterwards, it was three or four days before it was credited to your account. Mr. Kincaid has answered my question. In the meantime, the bank had use of it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)

Bernard Durkan: That is right. I agree with Mr. Kincaid that is how it works but that is not how it should work. With modern technology and everything else, it would be a major convenience to the person making and receiving the payment if there could be an immediate response. Mr. Kincaid said that system and its safeguards are more difficult to operate. I would be happier with a system that showed the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)

Bernard Durkan: I am glad to see that coming about. It could not come quickly enough. I used to be able to operate the online banking system very well and knew where everything was. I am finding it difficult as time goes on. More obstacles are put in the way. You have to have a telephone, for example. If you have two accounts, you have to have a second telephone to receive the approval message from...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)

Bernard Durkan: .That concludes our public session for today. I want to thank the officials, our witnesses and the members for their attendance and participation. The joint committee is now adjourned until Wednesday 20 September. In the meantime, have a sunny and comfortable summer holiday. Enjoy it and stay safe.

Joint Oireachtas Committee on Health: Update on New National Children’s Hospital: National Paediatric Hospital Development Board (12 Jul 2023)

Bernard Durkan: It might be better, on a controversial issue of this nature, to stay with precedent and read the statement. Let us do it that way.

Joint Oireachtas Committee on Health: Update on New National Children’s Hospital: National Paediatric Hospital Development Board (12 Jul 2023)

Bernard Durkan: We do.

Joint Oireachtas Committee on Health: Update on New National Children’s Hospital: National Paediatric Hospital Development Board (12 Jul 2023)

Bernard Durkan: I welcome our witnesses. From listening to the conversation, would it be possible to conclude that there is a need for an urgent high-level conference between the client and the contractor in this case, given the snags and delays that have taken place already, and from what we can gather, are likely to take place in the future? Is there such an imperative at the moment? Mr. Gunning has...

Joint Oireachtas Committee on Health: Update on New National Children’s Hospital: National Paediatric Hospital Development Board (12 Jul 2023)

Bernard Durkan: What happens during these conversations? What progress is being made?

Joint Oireachtas Committee on Health: Update on New National Children’s Hospital: National Paediatric Hospital Development Board (12 Jul 2023)

Bernard Durkan: For example, what excuses has BAM made in response and what recognition has the board made of changing circumstances and extra costs such as a change in building or fitting out materials in terms of cost? Have both sides agreed on the full extent of that? For example, in some building materials nowadays, and some fitting out materials as well, the increase has been in the region of 35% to...

Joint Oireachtas Committee on Health: Update on New National Children’s Hospital: National Paediatric Hospital Development Board (12 Jul 2023)

Bernard Durkan: Yes. That is why I am suggesting that.

Joint Oireachtas Committee on Health: Update on New National Children’s Hospital: National Paediatric Hospital Development Board (12 Jul 2023)

Bernard Durkan: Are there?

Joint Oireachtas Committee on Health: Update on New National Children’s Hospital: National Paediatric Hospital Development Board (12 Jul 2023)

Bernard Durkan: I will give Mr. Gunning another metric before he gives me that one. Hold on a second. What value has been put-----