Results 7,721-7,740 of 26,465 for speaker:John McGuinness

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: I will finish on this item. It would seem that a big issue arises concerning information being made available to others as they view the Irish market and the information available to them in making any decision on coming into the marketplace. Government has to pick some of these hard items and deal with them. The Minister made a comment earlier about perhaps looking at policy in the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Are you in disagreement on it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Has the Minister a different point of view? I am serious. Is there a problem within it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Regarding the recent fund of €700 million that the credit unions were given permission to put in place in respect of the provision of housing, did an SPC have to be set up? Does the Minister's Department or the Department of Housing, Planning and Local Government have responsibility?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: A special arrangement was to be reached in respect of that fund and how it was to be spent and managed.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Yes. What did I say?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: I am at county council level it seems.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: It seems that the fund is there but the SPV is not. I just want to find out.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Regarding funds buying Government bonds, is a spreadsheet available which shows where all of that money comes from and who is buying the bonds? What value has the ECB given to those transactions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Can we get that information? Is it published regularly?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Does the ECB buy Irish bonds?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: What is the value of those bonds?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Regarding vulture funds and this European regulation, our regulatory system is being examined. I wish to express my concern about the loan protections that travel from the main lender to any of these funds. The evidence is that there is poor protection if one's loan is sold to a vulture fund. Depending on the fund to which it is sold, the level of protection can go from bad to worse....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: I wish to ask about the EU's whistleblower protection proposals. It views us as being a reasonably good example of how such legislation should operate. If the EU is going to mirror many aspects of our legislation, I would prefer it to do so after the review, which will be published on 8 July. Have I the date right?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Under our legislation, there is protection against pay reductions, suspensions, demotions and withholding of promotions as well as intimidation and harassment. A number of whistleblowers - it is not just one - in our system are still waiting to be dealt with. They would point to all of these headings and say that the entities with which they were dealing were in breach of all of them. They...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Everything that is claimed in a disclosure has to be examined and proven, but I am not talking about the content, only the process. I would not like to see the EU taking it for granted that our legislation was working perfectly. It is not.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Is the Minister aware of disclosures and the attitude of Departments and agencies, as would have been reported to him? I have dealt with a number of them, for example, from the Irish Prison Service, the Department of Education and Skills and so on, and they all carry the same story of how badly they have been treated and the ongoing treatment. Has that been brought to the attention of any...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: Will the Minister comment on it generally in the context of receiving information, how the system has worked, satisfaction in terms of the system and where it needs to be improved?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: The Minister might come back and talk to us about the review at some stage in the future.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: European Union-Related Matters: Discussion with Minister for Public Expenditure and Reform (12 Jun 2018)

John McGuinness: I found something intriguing about which I have to ask the Minister. On the rainy day fund, in terms of the exceptional circumstances, it is stated that the Minister shall, before making a proposal referred to above, consult the Minister for Public Expenditure and Reform. How will the Minister do that?