Results 9,621-9,640 of 35,575 for speaker:Pearse Doherty

Ceisteanna Eile - Other Questions: Tax Code (31 Mar 2021)

Pearse Doherty: The Minister will appreciate that the agricultural sector is going through very challenging times as a result of Brexit and, like many other sectors, the pandemic. He is also aware that as he introduced the budget, despite the fact this issue was postponed until 1 May there was quite a backlash from the agricultural sector with regard to this increase. These are people who care for the land...

Ceisteanna Eile - Other Questions: Tax Code (31 Mar 2021)

Pearse Doherty: The Minister is aware that farm contractors are not able to claim back the double income tax reliefs that farmers do. He is aware of this because he previously stated he would consider looking into it. Has he considered this matter? Is he aware that, for example, the association of farm contractors has made it clear that the costs involved are in the region of €13,455 per annum per...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Banking Sector Remuneration (31 Mar 2021)

Pearse Doherty: That is not what this is about. This is about allowing for bonuses to be paid to an Irish-owned institution that was bailed out. AIB will own this entity 100% but AIB was bailed out with nearly €21 billion. Will the Minister enlighten the Dáil as to what is the average bonus paid to a senior wealth manager in Goodbody? Would he be surprised, for example, if I told him it...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Banking Sector Remuneration (31 Mar 2021)

Pearse Doherty: 56. To ask the Minister for Finance the grounds on which he gave consent to a bank (details supplied) to acquire a company without the excessive bank remuneration charge applying to the bank being applied to the company; his views on whether he has set a precedent with respect to future acquisitions by bailed-out banks; and if he will make a statement on the matter. [17479/21]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Banking Sector Remuneration (31 Mar 2021)

Pearse Doherty: On 2 March, AIB reached an agreement to acquire Goodbody stockbrokers for a sum of €138 million. The Minister will remember that in 2010, AIB sold the same entity, that is, Goodbody, for €24 million. Under the State agreement with the bank, AIB not only had to consult the Minister regarding the acquisition of Goodbody, but crucially it required the Minister's consent to put...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Banking Sector Remuneration (31 Mar 2021)

Pearse Doherty: Three issues are at play regarding this, that is, how this position interacts with the law, whether it is politically appropriate, and the precedent it sets for other banks. On the first point, I have read the legislation, which specifies that excessive bank remuneration charges will apply to employees of any institutions that were given financial support under either the Credit Institutions...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Industry Regulation (31 Mar 2021)

Pearse Doherty: 54. To ask the Minister for Finance the engagement he has had with the insurance industry to ensure that any reduced cost of claims as a result of the newly adopted personal injuries guidelines will be passed onto consumers in the form of lower insurance premiums; and if he will make a statement on the matter. [17478/21]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Industry Regulation (31 Mar 2021)

Pearse Doherty: On 6 March, the new personal injuries guidelines were adopted by the Judicial Council. They will cut the cost of awards by, in some cases, 60%. They will significantly reduce the cost of claims for insurance companies. What commitments, if any, has the Minister received from the industry to date that it will pass these savings on to customers? How will the Government measure those commitments?

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Industry Regulation (31 Mar 2021)

Pearse Doherty: If I renew my motor insurance tomorrow morning and am unfortunate enough to be in a soft tissue accident, the award paid out would be about, on average, 60% less. Therefore, the insurance company, as of my renewal tomorrow morning, should be charging me a lower premium. Is that factual? We can look back to when representatives of the insurance industry were lobbying for these awards to be...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Insurance Industry Regulation (31 Mar 2021)

Pearse Doherty: I wish the Minister would join me in calling for these premiums to be reduced right now. There is no reason premiums are being charged at yesterday's or last month's rates when awards were 60% higher. Does the Minister know what AIG, Axa, Allianz, Zurich and a number of other companies have in common? They are the largest six companies in Ireland and they are also the largest six...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Financial Services Regulation (31 Mar 2021)

Pearse Doherty: I thank the Minister. Does he know he gave the same speech two years ago? We are talking about holding senior executives in banks and financial institutions to account but the Minister has just given the same information that he did two years ago. The problem is his party, Fine Gael, has been part of the Government for the past ten years. The Minister has been part of that Government...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Financial Services Regulation (31 Mar 2021)

Pearse Doherty: If the legislation exists, why would the Government introduce new legislation? The reality is the legislation is not robust enough. The Minister knows, I know, and he should not make a fool of the public, that the reality is the Central Bank cannot go after an individual until the firm in question has been found guilty. How does the Minister know this? His predecessor, another Fine Gael...

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Financial Services Regulation (31 Mar 2021)

Pearse Doherty: 52. To ask the Minister for Finance the status of the legislation providing for a senior executive accountability regime and other provisions; the planned scope of this legislation across financial services; and if he will make a statement on the matter. [17477/21]

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions: Financial Services Regulation (31 Mar 2021)

Pearse Doherty: I apologise to the Ceann Comhairle for the delay. I thought this business was scheduled to start at 7 p.m. My question relates to the status of legislation to introduce a senior executive accountability regime, SEAR, and other provisions. This legislation is much awaited. It is more than three years since the Central Bank argued for such provision to hold senior people in financial...

Caring for Carers: Motion [Private Members] (31 Mar 2021)

Pearse Doherty: Ar maidin, tá cúramaithe teaghlaigh ar fud fad na tíre seo ag tabhairt aire, cuidiú agus cúram do dhaoine atá an cúram de dhíth orthu. Ní féidir luach a chur ar an obair atá idir lámha ag na cúramaithe seo. Níl dabht ar bith go gcaithfear tacú leo agus sin an rud atá os comhair na Dála inniu. Carers...

Written Answers — Department of Finance: Insurance Costs (31 Mar 2021)

Pearse Doherty: 371. To ask the Minister for Finance his views on the Central Bank’s Interim Report in its Review of Differential Pricing Practices in the Irish Private Car and Home Insurance Markets; if he will support legislation to prohibit its practice; and if he will make a statement on the matter. [1851/21]

Written Answers — Department of Finance: Social and Affordable Housing (31 Mar 2021)

Pearse Doherty: 111. To ask the Minister for Finance his views on the concerns expressed by the Central Bank regarding the proposed affordable purchase shared equity scheme; his further views on its potential impact on financial stability, consumer protection and house prices; and if he will make a statement on the matter. [17179/21]

Written Answers — Department of Finance: Banking Sector (31 Mar 2021)

Pearse Doherty: 114. To ask the Minister for Finance the status of his engagements with relevant parties regarding the withdrawal of a bank (details supplied) from the banking market; his views on the best course of action that would stabilise the banking sector, promote competition and further the interests of the taxpayer; and if he will make a statement on the matter. [17183/21]

Written Answers — Department of Finance: Financial Services Regulation (31 Mar 2021)

Pearse Doherty: 115. To ask the Minister for Finance his views on the adequacy of a company (details supplied) undertaking a third party review of activities from 2014 to 2021; the position of the interim CEO given their position on the board of the company during a period of the Central Bank investigation; and the extent to which these issues will inform the Government and the NTMA in their future dealings...

Written Answers — Department of Transport, Tourism and Sport: Driver Licences (31 Mar 2021)

Pearse Doherty: 309. To ask the Minister for Transport, Tourism and Sport when an exchange driver licence will issue to an essential worker (details supplied); and if he will make a statement on the matter. [17566/21]