Results 5,641-5,660 of 26,465 for speaker:John McGuinness

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Central Bank of Ireland (18 Apr 2019)

John McGuinness: Is the current legislation sufficient to allow the Central Bank to probe cartel-like activities by banks or insurance companies? The committee is dealing with insurance companies in the context of public liability and car insurance and so on. It is very difficult to deal with them because they continue to obstruct the work of the committee through the non-delivery of key information, for...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Central Bank of Ireland (18 Apr 2019)

John McGuinness: I will come to Deputy Quinlivan in a moment because I know he has a question, but before I do, I want to ask about the insurance business. We read in the newspapers how insurance premiums have dropped and savings of 20% and 25% are available now. That is nonsense. There have been cases where, for example, public liability insurance on a little pub in Carlow went up to €22,000 per...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Central Bank of Ireland (18 Apr 2019)

John McGuinness: When will all of this be in place? When will the Central Bank have everything in place - legislation, regulation or whatever it might be? When will the Central Bank be engaging directly with the banks on this issue?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Central Bank of Ireland (18 Apr 2019)

John McGuinness: Yes, but under the-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Central Bank of Ireland (18 Apr 2019)

John McGuinness: I thank Mr. Cross for attending today's meeting and I wish him well in his work.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: We will resume with No. 7, the No Consent, No Sale Bill 2019 in the name of Deputy Pearse Doherty. I welcome the representatives of the Free Legal Advice Centres, FLAC, and the Irish Mortgage Holders Association to the meeting. Before the opening statements I wish to advise the witnesses that by virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: I thank Mr. Hall.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: On that note, we were invited by the IMHO to visit some of the locations.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: Due to a clash in the Chamber, we were not able to attend, although we took up the offer of the invitation. After Easter, if the clerk contacts Mr. Hall again, perhaps we can set up a meeting that is suitable for all of us. Is that okay?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: I do not intend to delay the meeting with questions because we have had a good exchange. Both parties have put forward a detailed narrative, which would concern anyone and should concern Members of this House. Deputy Michael McGrath's Bill, Deputy Pearse Doherty's Bill and the Bill, which the former Master of the High Court, Mr. Edmund Honohan, assisted in writing, have been torn to shreds...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: Fine, but I am asking about Deputy Doherty's Bill, this committee and the work we have done up to now on this, which has been fought against every step of the way. Can we organise a day to bring in the interested parties not just to explore but put forward views that might have already been put forward? I go back to what was said by Senator Burke. It tells its own story in that exchange....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: I am anxious to expose this evidence to whoever in these Houses or in Government is interested. We will extend an invitation to the Minister to come here to hear it at first hand. I want to expose what I see as the lie that vultures are happy-clappy people and a person can engage with them. That is not the case. Mr. Hall said that 60 of them met-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: I do not consider appearing here to be grandstanding on the part of anybody.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: We would love to hear from them.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: My question concerns that group, including some of those affected. Does Mr. Joyce believe, as part of that group, that an open session here, in public, to discuss the very issues that we have been talking about would be helpful? As data are collected and provision is made for legislation, more and more loans are gone. They are sold on. There is frightening speed in this.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: Is Mr. Joyce willing to give that history lesson along with the current set of circumstances that face people who are in this type of distress?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: I am sorry for rushing this but, as I said, it is towards the end of the day here. In Mr. Hall's opening statement, he made fairly serious comments about the incompetence from banks, bureaucratic corruption and so on. I agree with the sentiments that he has expressed but I think that we need to flesh it out in a way that is bold and in the face of the banks. Some of the lies being spun...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: With Deputy Doherty's approval, I believe that it would be helpful not just to the Bill but to the issue that we are trying to raise if we were to give that challenge to the witnesses' organisations and others to come back with a format that would do exactly what we want to do. That would have regard to the work the witnesses do and the legislation that we have to put together, and it would...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: With the willingness of the Deputy's group and maybe some who are affected, and with the type of information that the Deputy has exchanged with Senator Paddy Burke, it would be worthwhile. I invite Deputy Doherty to engage with the clerk to see how that can be constructed in the best possible way, with the outcome being focused on either regulation or legislation that could be dealt with...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: No Consent, No Sale Bill 2019: Discussion (Resumed) (18 Apr 2019)

John McGuinness: Yes. We would facilitate that.