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Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Final question on this, Mr. Kelleher. All organisations ... they have a number of different activities, of them one would be monitoring Government policy, engaging around Government policy - we discussed taxation this morning - others would be having a press agency in it, which kind of refers to the statement here, and other parts would be maybe taking on a more stronger rebuttal on...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay. So presentation rather than substance, is that what you are saying to us today?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, thank you. Deputy Pearse Doherty.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: As Minister or as a member of the CIF?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, sure.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, final reply now and then I am going to wrap up.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Thank you. Deputy Murphy, final supplementary, then Deputy McGrath supplementary and we'll wrap up.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: All right, thank you very much. Deputy McGrath.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Thank you very much. So with that said, if there is anything, Mr. Parlon, Mr. Kelleher, you would like to add further before I bring matters to a close, is there anything you'd like to add in conclusion, Mr. Parlon?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Thank you, Mr. Parlon. So with that said, I would like to thank Mr. Parlon and Mr. Kelleher for their participation today and for their engagement with the inquiry. I now formally excuse the witnesses and I propose that we suspend until, if we take a ten-minute break, returning at ten minutes after 12 p.m., where we will then hear from Mr. Patrick Davitt, chief executive of the Institute of...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: I now am proposing that we go back into public session. Is that agreed? Agreed. We now move on to session 2 of today's proceedings, which is a public hearing discussion with Mr. Patrick Davitt, chief executive, Institute of Professional Auctioneers and Valuers. The Committee of Inquiry into the Banking Crisis is now resuming in public session and can I ask members and those in the public...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: So, once again, Mr. Davitt, you're very welcome here this afternoon-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: -----and if I can invite you to make your opening statement, please, Mr. Davitt.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Thank you very much, Mr. Davitt. Just one summary, just with regard to your opening statement: you talk about the qualifications and continuous professional development required to valuers. Can you please describe the principal features of both, and maybe if you can also inform the committee as to whether the IPAV assessed the effectiveness of courses through, for example, surveyors ... or...

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: That's 20 hours per annum, is it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: And in terms of this evaluating the effectiveness of the courses, do you take surveys or ... of valuer clients?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Deputy Doherty. Fifteen ... 12 minutes, 12 minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Final supplementary. You'll have time once more at the end, Deputy Doherty.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, thank you very much. Deputy John Paul Phelan. Deputy, 12 minutes.

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