Results 5,241-5,260 of 8,276 for speaker:Jennifer Carroll MacNeill

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Industry (7 Mar 2023)

Jennifer Carroll MacNeill: I thank the Deputy for the question. As he correctly said, the personal injuries guidelines were adopted in April 2021. They represent a central plank of the Government’s insurance reform agenda. Recent data from the Personal Injuries Assessment Board, PIAB, indicate that the overall average award has fallen by 38% compared with awards made in 2020 under the book of quantum. Given...

Credit Union (Amendment) Bill 2022 [Seanad]: Referral to Select Committee (2 Mar 2023)

Jennifer Carroll MacNeill: I move: That the Bill be referred to the Select Committee on Finance, Public Expenditure and Reform, and Taoiseach pursuant to Standing Orders 95(3)(a) and 181(1).

Credit Union (Amendment) Bill 2022 [Seanad]: Second Stage (Resumed) (2 Mar 2023)

Jennifer Carroll MacNeill: I welcome the opportunity to bring this legislation to the House. I hope Deputies will not mind if I echo their many tributes to my predecessor, the Minister of State, Deputy Fleming, who was the first dedicated Minister of State for credit unions and who put enormous work into this Bill in collaboration with the credit union sector and the Department. I take this opportunity to again pay...

Credit Union (Amendment) Bill 2022 [Seanad]: Second Stage (Resumed) (1 Mar 2023)

Jennifer Carroll MacNeill: I wish to clarify for the Deputy that the corporate suggestion came from the credit union movement. It is an important clarification. The corporate model proposal came from the credit union advisory committee and its members would be other credit unions.

Credit Union (Amendment) Bill 2022 [Seanad]: Second Stage (Resumed) (1 Mar 2023)

Jennifer Carroll MacNeill: Absolutely.

Credit Union (Amendment) Bill 2022 [Seanad]: Second Stage (Resumed) (1 Mar 2023)

Jennifer Carroll MacNeill: I could update the Deputy on that.

Credit Union (Amendment) Bill 2022 [Seanad]: Second Stage (Resumed) (1 Mar 2023)

Jennifer Carroll MacNeill: I can update the Deputy. The opportunity was to provide funding of €900 million for the approved housing bodies, AHBs, and that has been there since 2018 or 2019. I believe less than €20 million of that has been utilised by the credit union movement. The opportunity has been there for some time but has not, unfortunately, been fully utilised. We would hope to see more of it...

Credit Union (Amendment) Bill 2022 [Seanad]: Second Stage (28 Feb 2023)

Jennifer Carroll MacNeill: I move: "That the Bill be now read a Second Time". I am pleased to present the Credit Union (Amendment) Bill 2022 to the Dáil today. I want to begin by thanking my predecessor as Minister of State at the Department of Finance with responsibility for credit unions, Deputy Fleming, for his work on the Bill. Under his stewardship, the Bill completed its passage through the Seanad in...

An tOrd Gnó - Order of Business (28 Feb 2023)

Jennifer Carroll MacNeill: I thank the Deputy for his question. The Department has been working with insurance companies to identify niche points of difficulty where people have not been able to access insurance. Where there are community events whose organisers work with local authorities, there may be an appetite to increase the risk profile. The most important thing is the implementation of the action plan for...

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Report and Final Stages (22 Feb 2023)

Jennifer Carroll MacNeill: I thank the Senator and understand the point she is making with these amendments. I have looked at them carefully. The Senator is trying to insert references to this "or other relevant legislation” and this set of obligations or other relevant obligations. Two difficulties arise with the amendments. One is they do not define relevant legislation or obligations, which we must do to...

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Report and Final Stages (22 Feb 2023)

Jennifer Carroll MacNeill: I thank Senator Black for raising this because it speaks to what we are trying to do with this legislation, who we seek to include and the significant expansion of people who will now come under this legislation. I understand the Senator wants accountability and reporting and that is important. However, the system for designated controlled functions and pre-approval controlled functions has...

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Report and Final Stages (22 Feb 2023)

Jennifer Carroll MacNeill: This amendment encapsulates what we are trying to do with this legislation, which is to add to the regulatory structures we have put in place, specifically, in response to the financial crisis. On speaking to the Central Bank today, it was careful to reiterate its mandate, which is around the protection of the financial system in Ireland, specifically, for the well-being of the people of the...

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (16 Feb 2023)

Jennifer Carroll MacNeill: I thank the Senator for raising those points. There is quite a lot to get through, so I might speak in general terms and then go through some of the specifics, if that is okay. What he raised gets to the essence of what we are and are not trying to achieve with the Bill in respect of cultural change, enabling appropriate look-back and striking all the correct balances. He correctly...

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (16 Feb 2023)

Jennifer Carroll MacNeill: Yes, for precisely the reason the Senator raised. It may very well be the case that should have happened with Central Bank employees and that facility should be there, and it is about how we can do that appropriately. Of course, the six-year period was chosen based on the Statute of Limitations and so on, but it is really about preventing what has been a practice of strategic resignations,...

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (16 Feb 2023)

Jennifer Carroll MacNeill: The individual we do not like has just as many rights as another we perceive we like for one reason or another. They are rights holders in our society as much as any other person, and their human rights and process rights must be protected as much as those o any other person in any other process. It is very important, therefore, to go through this in some detail. I might outline the...

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (16 Feb 2023)

Jennifer Carroll MacNeill: Yes, but I believe we have built it in. I apologise; I do not know if I am supposed to be answering the Senator.

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (16 Feb 2023)

Jennifer Carroll MacNeill: Yes, that has already been built into the Bill throughout each set of processes.

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (16 Feb 2023)

Jennifer Carroll MacNeill: Sure.

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (16 Feb 2023)

Jennifer Carroll MacNeill: Essentially.

Seanad: Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage (16 Feb 2023)

Jennifer Carroll MacNeill: I thank the Senator and of course it is not in the legislation as he has drafted it, which specifies a general duty that applies to all things, rather it is built into the operation of each section. I think I took the Senator-----