Results 601-620 of 4,810 for speaker:Liam Twomey
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Liam Twomey: I apologise, but I must stop this session. We can pick up on these answers later. I call on Deputy Regina Doherty.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Liam Twomey: I will now outline the rules of the meeting in order to give everyone an opportunity to ask questions. The lead speakers of each group will have ten minutes and committee members and others and will have five minutes. The clerk and I will be keeping an eye on the clock. I will advise speakers when one minute remains on their speaking time to give them time to wrap up within their time...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Insurance Schemes: Discussion (27 Nov 2014)
Liam Twomey: The committee will consider mortgage insurance, MI, in an Irish context. In October, the Minister for Finance wrote to the committee requesting that it look at a possible role for mortgage insurance in the Irish housing market and its impact on various stakeholders. He asked the committee if it would consider the previous experience of mortgage insurance in Ireland, the models adopted and...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: On behalf of the joint committee, I thank Professor Honohan for his attendance during what has been a useful and informative meeting. The committee will go back into private session to deal with some correspondence.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: Deputy Matthews, do not point a finger at me when I interrupt you. Does the Deputy wish to get a response from Professor Honohan, or is he just going to-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: No; I am asking the Deputy a question. Is he going to use his time slot for giving his own statement or does he expect to get a reply from-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: The Deputy's allocated five minutes are up. I am asking him if he wants a response from the Governor.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: Thank you, Deputy.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: Perhaps Professor Honohan could send the information to the Deputy.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: When Permanent TSB appeared before us, I think it said that when the whole process is being worked out and, for some reason or other, the house is given up voluntarily or is repossessed, it has a system where it writes off up to 80% of the residual debt. That is not something on which the other banks have come forward. If someone has followed the process through to the very end, it would...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: The law is that-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: I am talking, more or less, about people under pressure.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: Three years is a long time and the Central Bank has still not got its new headquarters sorted out.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: We have now finished with the main speakers. All speakers from now on will have five minutes. I will call out the list of speakers. The first speakers will be members of the committee, starting with Senator Byrne and Deputy Barry. Deputy Paul Murphy has indicated he wishes to speak but he is not a member.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: If the Senator goes back over the record, he will see it has always been five minutes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: He just takes it. Does Deputy Rabbitte, who is a member of the committee, wish to take a slot?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: I will leave it so. The next speakers will be Deputies Tóibín and Mathews.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: The Deputy should not be provocative.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Liam Twomey: I have a quick question for the Governor. In the course of his contribution he said the industry pays many costs and that all regulatory costs could be so recovered instead of having the effect of eating into the Central Bank surplus. What percentage of the costs cannot be recovered? What changes are being requested?