Results 821-840 of 35,536 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I want to know what is going to change. We know there is a director of consumer protection at the minute. That is going.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I will come to that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: So, will there be a director of enforcement and anti-money laundering?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: A director of enforcement of what?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: Will that fall under the deputy governor's role?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: Will there be a director of securities and markets supervision?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: But it is not-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I have butted heads with the Central Bank many times over different consumer protection issues where I thought the Central Bank was slow off the mark, got there eventually, and played a very good role at different times. We have had far too many scandals in financial institutions, not least the tracker mortgage issue but there have been many more. The issue here, for which there is a strong...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: There is a deputy governor.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: But there is a deputy governor with consumer protection at the minute-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: -----and there is a unit that has specific responsibility in terms of director of consumer protection, and that is going.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: We currently have a director of consumer protection, notwithstanding that it is a deputy governor with responsibility who does a fine job in relation to that, and long may that continue. I know there are a lot of media reports in relation to Ms Rowland's future but good luck to her wherever she ends up. We have a director of consumer protection. These are people who are supposed to get up...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: But the role is being absorbed into other functions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: In his letter, why did Mr. Makhlouf say that the reporting, which was in the Irish Independent, may be misleading? I cannot see anything that is misleading, given what Mr. Makhlouf has said today.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: No-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: Point out to me one thing in the article that was misleading, in Mr. Makhlouf's view.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: First of all, it actually quotes the Central Bank on the senior leadership and it mentions Ms Rowland in relation to that piece.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I will ask just one final question. I wrote to the Central Bank in 2022 about the sale of properties and the banks requiring a test for mica content in relation to the blocks. At the time the Central Bank said it was not aware of that during its engagement with lenders. It is clearly now an operational policy. We have a situation where people who have mica content of 5.5% or 6% are being...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: It is.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: There are two parts to this. The Bank of Ireland has had extensive engagement on mortgageability with people rebuilding their houses through the scheme. These are not the people I am talking about. I am referring to people who will not get on the scheme because they do not meet the criteria. The banks are saying that if there is mica content, which is the wrong measurement to use, and if...