Results 9,701-9,720 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: Insurance Industry Regulation (12 Dec 2018)

Michael McGrath: 77. To ask the Minister for Finance if there is a mechanism in place in Denmark to pay outstanding claims when an insurance company goes into liquidation; if the mechanism will be applicable to Irish claimants as a result of the failure of a company (details supplied); if Irish claimants will receive 100% of compensation under this mechanism; and if he will make a statement on the matter....

Written Answers — Department of Finance: Insurance Industry Regulation (12 Dec 2018)

Michael McGrath: 78. To ask the Minister for Finance if the insurance compensation fund or the yet to be established motor insurers insolvency compensation fund will be needed to pay claimants as a result of the failure of a company (details supplied); if so, the fund which will be used; if Irish claimants will receive 100% of the compensation; and if he will make a statement on the matter. [52449/18]

Written Answers — Department of Finance: Insurance Industry Regulation (12 Dec 2018)

Michael McGrath: 79. To ask the Minister for Finance the number of Irish claims yet to be paid in full by motor insurance, public liability insurance, employer liability insurance or other insurance headings regarding the failure of a company (details supplied); and if he will make a statement on the matter. [52450/18]

Written Answers — Department of Finance: Mortgage Lending (12 Dec 2018)

Michael McGrath: 80. To ask the Minister for Finance the specific type of SPV model used for the securitisation of mortgages by banks (details supplied); if the vehicle will be tax exempt; if the distributions from the vehicle will be taxed here; and if he will make a statement on the matter. [52451/18]

Written Answers — Department of Public Expenditure and Reform: Estimates Process (12 Dec 2018)

Michael McGrath: 87. To ask the Minister for Public Expenditure and Reform the details of approved Supplementary Estimates in each of the years 2000 to 2017 and to date in 2018, for each Department in tabular form; and if he will make a statement on the matter. [52350/18]

Written Answers — Department of Justice and Equality: Crime Data (12 Dec 2018)

Michael McGrath: 145. To ask the Tánaiste and Minister for Justice and Equality the number of detections of financial crime in 2015, 2016, 2017 and to date in 2018, by category; the nature of the crimes detected; the sums of money involved; and if he will make a statement on the matter. [52393/18]

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: I welcome Mr. Desmond and thank him for his opening statement. Could he set out how the process works in setting the budget for the Department of Health and particularly the HSE? We have to go to the origin of this issue of Supplementary Estimates in the Department of Health, which arises frequently. The HSE makes a request of the Department of Health, which engages with the Department of...

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: Is it fair to say in the case of health that it is "lastminute.com"? It comes down to the dying days of budget preparation. I have some small insight into that by virtue of the confidence and supply agreement. Health always seems to be the last piece of the jigsaw. There is extremely late contact between the Departments of Health and Public Expenditure and Reform and the HSE in settling...

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: The reason I am probing into how the budget is set in the first place is to seek to establish how predictable it was that there would be a significant overrun. Did the HSE through its request in spring-summer 2017 and right up to the eve of the budget in 2017 predict that it would need €600 million to €700 million extra, even on a standstill basis? There has to be a reason...

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: I accept that. To put it another way, what is the gap between what the HSE asks for and what it ultimately receives in its budget? I am trying to establish how predictable all of this is and whether it is going to happen year on year until we somehow manage to get the two to marry.

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: I have two more questions. One relates to the accounting and reporting dimensions of this. With regard to the Exchequer returns, the fiscal monitor for the end of September shows that the overrun in health is approximately €300 million yet the Supplementary Estimate at the end of the full year is €655 million. How is it that three quarters of the way through the year the...

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: From the point of view of budgetary control and management and from the point of view of this committee in its work throughout the year, at the end of September - those figures are published at the beginning of October - we saw an overrun on the current side of €301 million and yet the overrun came in at €625 million.

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: The explanation Mr. Desmond has given for it is the income and expenditure manner in which the HSE manages its money and the time lag for the recognition of some expenditure, but from the point of view of this committee the information published every month is useless when trying to track health expenditure because it was so wide of the mark.

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: I have a final question on future projections. In how many areas is the Department of Health now predicting future health expenditure?

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: The budget documentation published by the Department of Finance sets out projections for five years to the end of 2023, including expenditure projections. Presumably the Department of Health has fed into that.

Committee on Budgetary Oversight: Health Budget and Expenditure Management: Discussion (11 Dec 2018)

Michael McGrath: I refer to the point made by the Irish Fiscal Advisory Council about how credible and realistic the expenditure projections are, particularly in health. As practising politicians, we are all aware of the pressures of the demographic changes that are happening and the consequent impact on nursing home care, care for the elderly, disability services and so forth. There are extreme pressures....

Written Answers — Department of Finance: Revenue Commissioners (11 Dec 2018)

Michael McGrath: 134. To ask the Minister for Finance his plans for the restructuring and realignment of the internal structure of the Revenue Commissioners; the estimated impact on staff and the location in which services are provided; and if he will make a statement on the matter. [51664/18]

Written Answers — Department of Finance: Insurance Industry (11 Dec 2018)

Michael McGrath: 141. To ask the Minister for Finance the consequences for consumers of the collapse of a company (details supplied); the number of policy holders affected; the recourse open to those consumers; and if he will make a statement on the matter. [51803/18]

Written Answers — Department of Finance: Insurance Industry (11 Dec 2018)

Michael McGrath: 142. To ask the Minister for Finance the position for customers that had latent defects insurance and structural guarantee insurance, or both, with a company (details supplied); if his attention has been drawn to the significant consequences for these consumers; if these consumers will be transferred to another firm; and if he will make a statement on the matter. [51804/18]

Written Answers — Department of Finance: Insurance Industry (11 Dec 2018)

Michael McGrath: 143. To ask the Minister for Finance the consequences for consumers here of the collapse of a company (details supplied); the number of policy holders affected; the recourse open to those consumers; and if he will make a statement on the matter. [51806/18]