Results 9,101-9,120 of 27,945 for speaker:Michael McGrath

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019)

Michael McGrath: It is not for the Government to decide whether a money message is required or not but if the decision from Parliament is that a money message is required, then it is for the Government to decide whether to grant one or not. The preliminary view of Parliament is that a money message is not required. Does Mr. Tobin disagree with that view?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019)

Michael McGrath: Suffice to say if the view from Parliament is that a money message is not required then that assessment does not come into play. It only comes into play if the decision is that a money message is required and the Government has to decide whether to grant it or not and I think we know what the answer would be.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019)

Michael McGrath: I want to move to the witnesses from the Central Bank. At the centre of all of this is the debate around non-performing loans, NPLs, and the requirements of the European Central Bank, ECB, single supervisory mechanism, SSM, to reduce the level of non-performing loans within the Irish banking system down towards European norms or the European average. Can the witnesses give us a sense of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019)

Michael McGrath: That notion that, by the end of this year, the banks must have reached a certain level keeps reappearing. We were in Frankfurt a number of months ago and put it to the then chair of the ECB supervisory board, Ms Danièle Nouy, who categorically denied that there was any push on the banks to get to any particular figure. It keeps coming up and the banks keep telling us that they are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019)

Michael McGrath: The Central Bank's detailed submission referred to its own legal advice and resources available to it. On the question of whether the Bill can be applied to existing mortgage contracts, that is, mortgage contracts already written where the borrower has signed up to a contract with a clause that explicitly permits the sale of that mortgage, what is the view of the Central Bank, in the light...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019)

Michael McGrath: It was mentioned in the ECB letter and referred to by Mr. Sibley that the Bill would benefit from anex anteimpact assessment before it becomes law. What would be the nature of that and what exactly would it assess if it were to happen?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019)

Michael McGrath: On the impact that the Bill would have on the banks' ability to access funding, will Mr. Sibley explain the following reference in the ECB opinion, which is similar to what Mr. Sibley stated in his submission? The ECB stated it notes that under Irish law, in order for credit institutions to issue asset-backed securities, covered bonds or special residential mortgage-backed promissory notes,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
No Consent, No Sale Bill 2019: Discussion (2 Apr 2019)

Michael McGrath: ECB liquidity.

Written Answers — Department of Finance: Mortgage Repayments (28 Mar 2019)

Michael McGrath: 63. To ask the Minister for Finance if the Central Bank has been informed of the miscalculation of mortgage repayments by a bank (details supplied); if so, when it was informed; if the number of impacted customers is 3,400; the amount these customers have underpaid as a result of the miscalculation; the way in which the Central Bank plans to proceed with the issue; and if he will make a...

Written Answers — Department of Finance: Pension Provisions (28 Mar 2019)

Michael McGrath: 64. To ask the Minister for Finance if the Central Bank has a role in consumer protection for pension providers; if this is reserved for the Pensions Authority; if the Central Bank and the Pensions Authority have been informed by a company (details supplied) of the failure to pay bonus payments on pension fund plans; if so, when they were informed; if 2,000 customers have been affected; the...

Written Answers — Department of Finance: Central Bank of Ireland Enforcement Actions (28 Mar 2019)

Michael McGrath: 65. To ask the Minister for Finance the steps the Central Bank takes on a regular basis to ensure mortgage repayments and mortgage arrears are calculated correctly; if enforcement actions have been taken against lenders for these issues; if so, the lenders; and if he will make a statement on the matter. [14687/19]

Written Answers — Department of Finance: Brexit Preparations (28 Mar 2019)

Michael McGrath: 66. To ask the Minister for Finance the number of additional customs officials that have been hired and are operational to deal with Brexit; the number that are undergoing training at the moment; the number that will be fully operational by 12 April 2019; and if he will make a statement on the matter. [14688/19]

Written Answers — Department of Finance: Brexit Issues (28 Mar 2019)

Michael McGrath: 67. To ask the Minister for Finance the number of insurance companies that are prudentially regulated in the UK or Gibraltar but operating here under freedom of service; the number of customers of those companies that will be required to find new insurance companies upon renewal; if the Central Bank expects all such companies to move to be prudentially regulated here and or the EU; and if he...

Written Answers — Department of Finance: Personal Injury Claims (28 Mar 2019)

Michael McGrath: 68. To ask the Minister for Finance the proportion of personal injury claims settled through the Personal Injury Assessment Board outside the court and settled and-or decided on by the courts, respectively based on the most recent data; and if he will make a statement on the matter. [14690/19]

Written Answers — Department of Finance: Stability Programme Update (28 Mar 2019)

Michael McGrath: 69. To ask the Minister for Finance when he plans to publish the stability programme update; and if he will make a statement on the matter. [14692/19]

Written Answers — Department of Finance: Insurance Coverage (28 Mar 2019)

Michael McGrath: 70. To ask the Minister for Finance if an analysis has been undertaken on the potential cost of establishing a public insurance body to provide insurance for flooding to persons who are unable to obtain flood insurance similar to the model in the United Kingdom; and if he will make a statement on the matter. [14693/19]

Written Answers — Department of Finance: Tax Code (28 Mar 2019)

Michael McGrath: 71. To ask the Minister for Finance if expenditure on health and safety equipment by a company qualifies for capital allowances; the rules regarding capital allowances; and if he will make a statement on the matter. [14694/19]

Written Answers — Department of Finance: Insurance Costs (28 Mar 2019)

Michael McGrath: 72. To ask the Minister for Finance if insurance companies permit business customers to pay on a monthly basis rather than a single payment; the average cost to the customer for such a facility; and if he will make a statement on the matter. [14695/19]

Written Answers — Department of Finance: Insurance Coverage (28 Mar 2019)

Michael McGrath: 73. To ask the Minister for Finance if there are models in other jurisdictions by which companies that are unable to obtain an insurance quote can avail of insurance similar to the declined insurance mechanism; if public insurance models are used in other European jurisdictions; and if he will make a statement on the matter. [14696/19]

Written Answers — Department of Jobs, Enterprise and Innovation: IDA Ireland Site Visits (28 Mar 2019)

Michael McGrath: 94. To ask the Minister for Jobs, Enterprise and Innovation the number of site visits by IDA clients to Dublin, Cork, Limerick, Galway and Waterford in each year since 2012, in tabular form; and if she will make a statement on the matter. [14531/19]