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Questions on Promised Legislation (30 May 2018)

John McGuinness: I appeal to the Taoiseach to agree with the 20 Members and establish a public inquiry.

Questions on Promised Legislation (30 May 2018)

John McGuinness: Hear, hear.

Questions on Promised Legislation (30 May 2018)

John McGuinness: It has been published.

Questions on Promised Legislation (30 May 2018)

John McGuinness: Will we have a debate today?

Questions on Promised Legislation (30 May 2018)

John McGuinness: Will the Taoiseach allow one hour of Government time today? He has been asked that question.

Questions on Promised Legislation (30 May 2018)

John McGuinness: The Taoiseach has been asked that direct question.

Questions on Promised Legislation (30 May 2018)

John McGuinness: Will the Taoiseach ask the Business Committee to meet today?

Questions on Promised Legislation (30 May 2018)

John McGuinness: I thank the Ceann Comhairle.

Questions on Promised Legislation (30 May 2018)

John McGuinness: It is a cover-up.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (29 May 2018)

John McGuinness: The committee has agreed that Schedule A - COM (2018) 218 warrants further scrutiny and COM (2018) 227 does not warrant further scrutiny. Further details will be published on the committee's website.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: The next item is further scrutiny of the EU legislative proposals COM (2018) 134, subsidiarity deadline, 5 June regarding minimum loss coverage for non-performing exposures and COM (2018) 135, 11 June, on regulation of credit services, credit purchases and the recovery of collateral (resumed). Today, we are joined by officials from the Department of Finance and representatives from the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: I thank Ms McEvoy. I invite Mr. Tobin to contribute.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: I thank Mr. Tobin.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: I remind the officials that the committee has contacted the Department about the Central Bank (Amendment) Bill 2018, in the name of Deputy Pearse Doherty, and about the Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018 in the name of Deputy Michael McGrath. The committee last wrote on 9 April seeking the assessment of Deputy McGrath's Bill in order that we...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: Could Mr. Tobin get a general assessment done so the committee can continue on with its scrutiny of the Bill? Perhaps he could expedite that, please.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: Taking up from where Senator O'Donnell left off, the current arrangement, reflected in some of the proposals for the future, is not working. I make it clear to the Department of Finance and the Central Bank - I take the opportunity every time representatives are before us - that vulture funds are running rings around the legislation. The credit servicing firms are doing the same thing. The...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: I am talking about people from the Department in general.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: You can check it and come back to us about engagement with service agents.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: You will check on that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Resolution of Non-Performing Loans: Discussion (Resumed) (29 May 2018)

John McGuinness: I will be passing on correspondence to the Central Bank.

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