Results 5,521-5,540 of 6,339 for speaker:Paul McAuliffe

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: I thank the witnesses for being with us today. On the process of invoice discounting, does Mr. Black believe that is where SBCI should be in terms of providing additional liquidity to the Irish market or are the loans offered by the pillar banks a better option? Was there consideration of why invoice discounting should be supported?

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: In establishing it, I presume SBCI had a mechanism where it sought that partner. Did it have criteria for those partners and how did it advertise or tender for it?

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: We are also trying to protect the taxpayer.

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: Was the existence of a special purpose vehicle, SPV, for this type of partnership with an invoice discounter considered and what sort of equity was it considered that it must be able to present to SBCI?

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: Therefore, an SPV or an equity stake was not a requirement to partner with SBCI in regard to this service.

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: SBCI is in a very difficult area. It is trying to ensure that risk is minimal but, at the same time, it is trying to make credit available, and I accept that is a difficult situation. Mr. Black said there are ongoing reviews and we have spoken a lot about Bibby today. Is he concerned that the net value of the Bibby line group has dropped between 2013 and 2019? Does that pose a risk to the...

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: Whether it is these invoice discounters or the pillar banks, is there a concern that while SBCI money sits in the banks, they are effectively leveraging that so that it frees them up in other areas? In other words, the money may not be used for anything other than small businesses but the benefit of having access to that is that it allows them to leverage and make other financial changes to...

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: If there is an opportunity to speak about the pillar banks later, I would appreciate it.

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: I will return to the issue of the pillar banks. Like other Deputies, I have been receiving comments that the approval process with the pillar banks has been very slow. There is also the communications element. People or small businesses that do not have a relationship are dealing with call centre staff, some of whom do not have the professional diploma in financial advice qualifications,...

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: Additional arrangement fees would not be in keeping with the SBCI scheme.

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: Has SBCI carried out any audits to see if that is taking place?

Public Accounts Committee: Strategic Banking Corporation of Ireland: Financial Statements 2019 (9 Mar 2021)

Paul McAuliffe: The witnesses might make that information available to the committee, if they can.

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020 (Resumed): Land Development Agency (9 Mar 2021)

Paul McAuliffe: I thank Mr. Coleman for appearing. We are approaching the end of our pre-legislative scrutiny on the affordable housing Bill so there has been much discussion about it. We wanted to have the Land Development Agency here because this Bill and the Land Development Agency Bill 2021 are key foundation stones for the delivery of affordable housing. I would like Mr. Coleman to talk us through...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020 (Resumed): Land Development Agency (9 Mar 2021)

Paul McAuliffe: The last point is about the definition of affordability. The Bill refers to market value. How will the LDA measure affordability? In the regulations that come from the Department, I imagine there will be income criteria and assessments of affordability through ministerial regulation, as well as in the policies of the LDA and the policies of the affordable housing agencies and councils it...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020 (Resumed): Land Development Agency (9 Mar 2021)

Paul McAuliffe: So the median market value is not the LDA's target?

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020 (Resumed): Land Development Agency (9 Mar 2021)

Paul McAuliffe: I only have two quick questions. I thank Mr. Coleman and his team for being here for an extended period and for supplying answers to the committee. Mr. Coleman has been diplomatic in his response in regard to section 183. It is a Government decision and I accept that. Does he believe the LDA can carry out its functions and deliver its targets without the power of compulsory purchase? ...

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020 (Resumed): Land Development Agency (9 Mar 2021)

Paul McAuliffe: It was more to do with the acquisition. Obviously, it impacts the LDA Bill but it relates to the acquisition under section 183 from local authorities. One might call it forced acquisition. Does Mr. Coleman believe the LDA can carry out its functions and deliver its targets with or without that power, given the partnership approach it wants to take?

Joint Oireachtas Committee on Housing, Planning and Local Government: General Scheme of the Affordable Housing Bill 2020 (Resumed): Land Development Agency (9 Mar 2021)

Paul McAuliffe: I appreciate that answer.

Joint Oireachtas Committee on Transport, Tourism and Sport: Public Consultation on the National Development Plan (Resumed): Minister for the Environment, Climate and Communications, and for Transport (9 Mar 2021)

Paul McAuliffe: I thank my colleagues for allowing me to take a slot. I am not a member of this committee, but between Galway coachmen, Daniel O'Connell and Cork distilleries, I might be back again. I want to raise two issues with the Minister. First, I mention the consultation that is taking place on the Dublin 11 Luas line through Finglas. I have raised this with the Minister and, as he knows, it is...

Joint Oireachtas Committee on Transport, Tourism and Sport: Public Consultation on the National Development Plan (Resumed): Minister for the Environment, Climate and Communications, and for Transport (9 Mar 2021)

Paul McAuliffe: I thank the Minister for his contribution. I have made representations to the Minister, Deputy McGrath, and will continue to do so. The connection on to the MetroLink line would not be a significant issue. That option would have even more greenfield access routes than the existing preferred route. I take the Minister's point that it is not about delaying or stalling the current projection...