Results 7,101-7,120 of 27,019 for speaker:Michael Noonan

Written Answers — Department of Finance: Departmental Reports (10 Jun 2015)

Michael Noonan: I assume that the Deputy is referring to the Report for 2014 entitled "Ireland's Participation in the International Monetary Fund and the World Bank 2014". In my capacity as Governor for Ireland at both institutions, the Department of Finance prepares the Annual Report which provides up-to-date and comprehensive information on Ireland's relationship and activities with regard to the IMF and...

Written Answers — Department of Finance: Fuel Inspections (10 Jun 2015)

Michael Noonan: I propose to take Questions Nos. 65, 66 and 69 together. The Revenue Commissioners operate a fully integrated tax and customs administration and it is not possible to disaggregate resources deployed exclusively at any given time on particular enforcement operations, such as the detection of petrol or diesel fraud.  Revenue currently has approximately 2,000 staff engaged on activities...

Written Answers — Department of Finance: Departmental Expenditure (10 Jun 2015)

Michael Noonan: No satellite imagery was provided to my Department during the past four years.

Written Answers — Department of Finance: IBRC Liquidation (10 Jun 2015)

Michael Noonan: The special liquidators have instructed Eugene F Collins Solicitors to independently review the legal advice previously obtained in respect of the proceedings against former Directors of INBS. BDO Accountants in London have also been instructed to carry out a peer review of KPMG s role as auditors to INBS. These reviews are ongoing and as such the special liquidators are unable to provide an...

Written Answers — Department of Finance: IBRC Operations (10 Jun 2015)

Michael Noonan: I wish to advise the Deputy that my officials are working through the various board packs which were received from IBRC and collating the relevant information. Given the large amount of documents to work through to collate the relevant information and since some of the board packs referred to in the question are physically held by the NTMA (when the NTMA's banking unit was...

Written Answers — Department of Finance: IBRC Liquidation (10 Jun 2015)

Michael Noonan: The Shareholding Management Unit (SMU) was responsible for managing the day to day relationship with Anglo Irish Bank and subsequently with IBRC. A senior member of the SMU was assigned as the point person for the relationship with support from other members of the team. Upon receipt of the monthly board packs, the papers were reviewed and any matter arising from a review of these packs would...

Written Answers — Department of Finance: IBRC Liquidation (10 Jun 2015)

Michael Noonan: Details of the approval of the Board of the sale and the financial impact to IBRC of the sale of Siteserv, including details of the proceeds, process and the €119 write-off, were included in the minutes of the meeting of the board of IBRC on 15 March 2012. The Siteserv transaction was announced to the Stock Exchange on 16 March 2012 and the Department received the minutes of the...

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (9 Jun 2015)

Michael Noonan: The goose was dead when I got in.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (9 Jun 2015)

Michael Noonan: It is within the terms of reference.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (9 Jun 2015)

Michael Noonan: I have not received the amendment yet.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (9 Jun 2015)

Michael Noonan: What Deputy Doherty put on the record is covered by the terms of reference.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (9 Jun 2015)

Michael Noonan: I have taken legal advice in the last hour and it is covered.

Draft Commission of Investigation (Certain matters concerning transactions entered into by IBRC) Order 2015: Motion (9 Jun 2015)

Michael Noonan: I move:That Dáil Éireann: — having regard to the specific matters considered by Government to be of significant public concern regarding transactions entered into by the Irish Bank Resolution Corporation (IBRC); — noting that it is the opinion of the Government that these matters of significant public concern require, as the best method of addressing the issues...

Personal Explanation by Minister (9 Jun 2015)

Michael Noonan: I would like to take this opportunity to correct statements I made in good faith to Dáil Éireann on 6 May 2015 during Private Members' business, and in response to Parliamentary Question No. 77 of 30 April 2015, following the discovery of new information. First, I would like to correct the record in relation to statements I made during Private Members' business on 6 May 2015, in...

Written Answers — Department of Finance: Tax Code (9 Jun 2015)

Michael Noonan: The details supplied refer to the tax situation for unmarried cohabiting couples when one partner inherits from the other. I am informed by the Revenue Commissioners that spouses or civil partners who inherit property from each other are exempted from the payment of inheritance tax on that inheritance. Other cohabiting couples are, however, liable to inheritance tax where the surviving...

Written Answers — Department of Finance: Tobacco Seizures (9 Jun 2015)

Michael Noonan: I propose to take Questions Nos. 281 and 314 to 317, inclusive, together. I am advised by the Revenue Commissioners that the quantities of cigarettes seized in Ireland in each of the past five years that were branded as Phillip Morris products, and the numbers of seizures in each of those years involving such products, are as set out in the following table. Year No. of Seizures Quantity of...

Written Answers — Department of Finance: Pensions Levy (9 Jun 2015)

Michael Noonan: The details supplied refer briefly to public sector pensions. I understand from my colleague the Minister for Public Expenditure and Reform who has responsibility for that matter that he intends to bring proposals to Government shortly regarding the public sector pension reductions made in recent years. The details supplied primarily refer to the Pension Fund Levies which I introduced in...

Written Answers — Department of Finance: Illicit Trade in Tobacco (9 Jun 2015)

Michael Noonan: I am advised by the Revenue Commissioners that combating the illegal tobacco trade is, and will continue to be, a high priority for Revenue. Their work against this illegal activity includes a range of measures designed to identify and target those who are engaged in the supply or sale of illicit products, with a view to seizing the illicit products and prosecuting those responsible. This...

Written Answers — Department of Finance: IBRC Operations (9 Jun 2015)

Michael Noonan: I can confirm that the minutes of a meeting between IBRC and officials from my Department which took place on 13 August 2012 record that the issue of restructuring of the loans associated with the company referred to in the question was "particularly difficult as IBRC would like to do restructuring but are unable to at present as the shareholders are not communicating". The...

Written Answers — Department of Finance: EU Regulations (9 Jun 2015)

Michael Noonan: The EU-wide market abuse regime was recently revised by Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse ('Market Abuse Regulation') and Directive 2014/57/EU of the European Parliament and of the Council of 16 April 2014 on criminal sanctions for market abuse ('Market Abuse Directive'). The Market Abuse Regulation and Directive will...