Results 5,981-6,000 of 26,465 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: No.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: I am giving the witnesses the information to the extent that I have been informed of breaches of that legislation throughout the banks. I am asking the witnesses, in the context of their examination of the tracker mortgage issue where they would have been privy to seeing these agreements, whether this correct or is it not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: The witnesses would have seen this in the paperwork. Are they saying that they did not see this at all?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: I will ask this again. I am just the Chairman of this committee. I do not have a troupe of people behind me advising and assisting me. The bank has. Will the representatives of the bank reflect on the statement in the report that this may be an issue for every single bank in that they did not comply with this legislation and did not provide the front page notice in a form set out by...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: I thank the Governor. I call Senator Horkan.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: I have two questions arising from the Central Bank's meeting with the EBS tied agents. They made some allegations of criminality at that meeting. What is the process from there? Does the bank pass on that information to the Minister for Finance or to the Garda?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: Their complaints rest with the bank and do not go any further.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: The allegations of criminality-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: Okay.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: In the context of the minutes of that meeting, they wrote back to the witnesses and asked them to confirm if their record of the meeting was accurate. They had a meeting with the witnesses on 31 October last and then they wrote to them with their version of the minutes and asked for the witnesses' opinion on them, but they did not get a response. The witnesses might have a look at that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: Okay. My last question is on another matter. The UK's Financial Reporting Council made a comment on calculating solvency. It said that the fourth directive requires that assets be valued on a prudent basis, but that this does not explicitly state that assets such as bank loans cannot be shown at above their recoverable amount or that all future expected losses should be recognised. The...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: It is at that level that the banks would comply. There is a European level of reporting standard and the banks are required to comply with that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: Yes. Rather than take them now we can send them to the officials.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: It might be the best way to do it.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: Does EBS have a separate licence to AIB?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: It is licensed separately.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: That brings us to the end of our meeting.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)
John McGuinness: I thank Professor Lane and his colleagues. The committee appreciates their attendance. We wish him the best of luck.
- Written Answers — Department of Education and Skills: School Accommodation (12 Mar 2019)
John McGuinness: 138. To ask the Minister for Education and Skills if a new set of regulations and standards is being drawn up for temporary prefabs being purchased or leased for school purposes; if the new standards or regulations will apply to the prefabricated buildings already produced and in the system; the way in which the regulations and standards are to be applied; and if he will make a statement on...
- Written Answers — Department of Education and Skills: School Staff (12 Mar 2019)
John McGuinness: 139. To ask the Minister for Education and Skills if a concessionary post of administrative principal will be approved for schools (details supplied); the progress to date in respect of each school; the timeframe for a final decision; and if he will make a statement on the matter. [11664/19]