Results 7,301-7,320 of 26,465 for speaker:John McGuinness

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform (26 Jul 2018)

John McGuinness: I am the Chair. I ask the Senator to wind up.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform (26 Jul 2018)

John McGuinness: I ask Senator Conway-Walsh to clarify the proposition that she made earlier. I wish to bring proceedings to a close and we must deal with that first.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform (26 Jul 2018)

John McGuinness: Is that agreed? Agreed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform (26 Jul 2018)

John McGuinness: With the agreement of those present, I ask the clerk that, when completed, the transcript of this hearing be sent to all the relevant agencies in order that the witnesses can look through them and respond to the questions in respect of which detailed answers were not provided today. Alternatively, witnesses may wish to provide the committee with more detail or information than was in the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform (26 Jul 2018)

John McGuinness: Let me inform Mr. Howard that his Department is the line Department.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform (26 Jul 2018)

John McGuinness: It is responsible for the legislation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Public Private Partnerships - Liquidation of the Carillion Group: National Development Finance Agency and the Department of Public Expenditure and Reform (26 Jul 2018)

John McGuinness: The Department is answerable to the Committee of Public Accounts and is responsible for the various reports that go between that committee, the Comptroller and Auditor General and the various Departments. The Department of Public Expenditure and Reform has a central role in accountability. I ask the committee to support a request that the Comptroller and Auditor General look at this and...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

John McGuinness: I remind members to turn off their mobile phones and to remove them from their desks because they cause sound problems with the microphones. We will consider the Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018 in the name of Deputy Michael McGrath. We will go straight to section 1. I presume that we will adjourn at 1 p.m.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

John McGuinness: On a point of clarification, the Minister of State read out a note on the differences between them. Can we have a copy of that note now?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

John McGuinness: It is important that we have a copy of the note. What will be the difference between what the Minister of State read out and how that fits into the Title of this Bill, which is Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018? He has commented on the difference between the Central Bank and the Department. If we are being asked to deal with the Bill this...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

John McGuinness: Yes.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

John McGuinness: I have a question for Deputy McGrath on his amendment. Is he suggesting not to regulate the credit servicing firms? I am confused. They are regulated, is that correct?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

John McGuinness: Is Deputy Michael McGrath saying that regulation would move from them to the loan owners?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

John McGuinness: The argument put forward by the Minister suggests that the credit servicing firms should be regulated, when one considers what Deputy Michael McGrath said. The implication is a different form of regulation should be applied to the loan owners, excluding the credit element of the regulation for the credit servicing firms.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

John McGuinness: The point I would make to Deputy McGrath is that the credit servicing firms should remain regulated. We are talking about protecting the consumer further along the line down to loan owners.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

John McGuinness: There should be a pretty stiff regulation pertaining to those loan owners, excluding anything that might be said about credit and the context of retail credit firm regulations.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Message to Dáil (12 Jul 2018)

John McGuinness: In accordance with Standing Order 90, the following message will be sent to the Dáil:The Select Committee on Finance, Public Expenditure and Reform, and Taoiseach has completed its consideration of the Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018 and has made amendments thereto.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (12 Jul 2018)

John McGuinness: The banks appear before the committee but agents and consumers do not. Under what legislation must the banks appear before the committee? What is the role of the Central Bank in that regard?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (12 Jul 2018)

John McGuinness: What about other banks?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (12 Jul 2018)

John McGuinness: They do not have to appear.