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Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: Before getting to the subject matter at hand, I warmly welcome students and staff from St. Peter's community school in Passage West , County Cork. It is the school I attended so I am delighted they are here in Dáil Éireann and able to witness this debate. I wish them well.

Business Insurance: Motion [Private Members] (13 Mar 2019)

Michael McGrath: The focus of this motion is employer liability and public liability insurance. It is not that everything is fine in the area of motor insurance, as it certainly is not, but the focus of the motion is in respect of employer and public liability. For businesses, voluntary organisations, community groups, sporting bodies, livestock marts, festivals and so on, there is a real crisis regarding...

Credit Union (Amendment) Bill 2019: First Stage (12 Mar 2019)

Michael McGrath: I move:That leave be granted to introduce a Bill entitled an Act to amend the Credit Union and Co-operation with Overseas Regulators Act 2012 to make provision for the establishment of an independent appeals mechanism to enable Credit Unions to appeal decisions of the Central Bank on regulatory decisions and to provide for related matters. I am pleased to have the opportunity of introducing...

Credit Union (Amendment) Bill 2019: First Stage (12 Mar 2019)

Michael McGrath: I move: "That the Bill be taken in Private Members' time."

Written Answers — Department of Foreign Affairs and Trade: Mortgage Lending (12 Mar 2019)

Michael McGrath: 86. To ask the Minister for Finance the rules the Central Bank has in place on promotional and other material relating to mortgage offers; if the Central Bank has power to instruct that such material be changed; the number of instances in which such material was submitted to the Central Bank with regard to cashback offers; the number of instances in which the Central Bank instructed that such...

Written Answers — Department of Foreign Affairs and Trade: Financial Services Sector (12 Mar 2019)

Michael McGrath: 87. To ask the Minister for Finance if the car finance model being investigated by the Financial Conduct Authority in the UK in which credit brokers are paid commission based on interest charged exists here; if the Central Bank has views on this model; and if he will make a statement on the matter. [11493/19]

Written Answers — Department of Foreign Affairs and Trade: Insurance Costs (12 Mar 2019)

Michael McGrath: 88. To ask the Minister for Finance when the next quarterly update from the cost of insurance working group will be published; and if he will make a statement on the matter. [11505/19]

Written Answers — Department of Foreign Affairs and Trade: Motor Insurance Data (12 Mar 2019)

Michael McGrath: 100. To ask the Minister for Finance the amount paid by policy holders by way of insurance premiums in each of the years since 2010 in respect of class 1 business motor insurance in tabular form; and if he will make a statement on the matter. [11637/19]

Written Answers — Department of Foreign Affairs and Trade: Motor Insurance Data (12 Mar 2019)

Michael McGrath: 101. To ask the Minister for Finance the amount paid by policy holders by way of insurance premiums in each of the years since 2010 in respect of class 2 business motor insurance in tabular form; and if he will make a statement on the matter. [11638/19]

Written Answers — Department of Foreign Affairs and Trade: Motor Insurance Data (12 Mar 2019)

Michael McGrath: 102. To ask the Minister for Finance the amount paid by policy holders by way of insurance premiums in each of the years since 2010 in respect of motor insurance for returning emigrants in tabular form; and if he will make a statement on the matter. [11639/19]

Written Answers — Department of Foreign Affairs and Trade: Motor Insurance Data (12 Mar 2019)

Michael McGrath: 103. To ask the Minister for Finance the amount paid by policy holders by way of insurance premiums in each of the years since 2010 in respect of motor insurance for cars that are ten years or older in tabular form; and if he will make a statement on the matter. [11640/19]

Written Answers — Department of Foreign Affairs and Trade: Home Loan Scheme (12 Mar 2019)

Michael McGrath: 108. To ask the Minister for Finance the views of the Central Bank on potentially expanding the Rebuilding Ireland home loan scheme; if he requested the Central Bank to provide a formal opinion on the scheme; if so, the details of the opinion; and if he will make a statement on the matter. [11790/19]

Written Answers — Department of Public Expenditure and Reform: Flood Relief Schemes (12 Mar 2019)

Michael McGrath: 118. To ask the Minister for Public Expenditure and Reform the status of plans for a flood relief scheme (details supplied) in County Cork; if the required level of funding is committed; the next steps in the process; the timeline for the completion of the project; and if he will make a statement on the matter. [11923/19]

Written Answers — Department of Public Expenditure and Reform: Home Loan Scheme (12 Mar 2019)

Michael McGrath: 125. To ask the Minister for Public Expenditure and Reform the level of consultation the Minister for Housing, Planning and Local Government has with him about extra funding for the Rebuilding Ireland home loan scheme; if a formal request for extra funding has been made; the extra amount being sought; the areas that funds will come from if it is granted; and if he will make a statement on the...

Written Answers — Department of Education and Skills: School Transport Applications (12 Mar 2019)

Michael McGrath: 174. To ask the Minister for Education and Skills the status of an application for school transport for a pupil (details supplied) in County Cork; the steps he will take to ensure transport will be provided for the pupil; and if he will make a statement on the matter. [12317/19]

Written Answers — Department of Health: HSE Properties (12 Mar 2019)

Michael McGrath: 272. To ask the Minister for Health the intended use of a building (details supplied) acquired by the HSE in County Cork; and if he will make a statement on the matter. [11536/19]

Written Answers — Department of Housing, Planning, and Local Government: Property Tax Data (12 Mar 2019)

Michael McGrath: 689. To ask the Minister for Housing, Planning, and Local Government the revenue received by each county from the local property tax each year since its introduction, in tabular form; the amount of that money each year spent locally by each county; the amount of that money each year paid into the equalisation fund by each county; the amount of money received from the equalisation fund each...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

Michael McGrath: I welcome Mr. Crowley and his colleagues to the meeting. To pick up from where Senator Rose Conway-Walsh left off, we should acknowledge that we would not be here today having this discussion were it not for the tracker mortgage scandal. That was the catalyst for all of the various initiatives and events since then, not least the Central Bank's report into behaviour and culture at the Irish...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

Michael McGrath: The Central Bank's report said that the banks would be required to devise action plans in response to the institution-specific findings of the behaviour and culture reviews. We assume that this work is progressing in the background but at the level of the individual bank.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: A Future Framework for Accountability in the Banking Sector: Discussion (12 Mar 2019)

Michael McGrath: Moving on to the new banking culture board, as Senator Rose Conway-Walsh said, there is a lot of scepticism around what can be achieved by that entity. It is being funded by the industry. I am not suggesting that taxpayers should fund it and in that context, one might ask how else it would be funded. It is being funded by the industry and is an industry initiative. It is important that...

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