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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Kieran O'Donnell: It is the only institution that acknowledged that there might be an issue. I will give it that.

Seanad: Order of Business (20 Jul 2017)

Kieran O'Donnell: Yes.

Seanad: Order of Business (20 Jul 2017)

Kieran O'Donnell: I commend the Cathaoirleach and staff on how well the Seanad is run. I also commend the Leader, Senator Buttimer. I have raised the issue before but I reiterate my call for a detailed debate and statements on anti-social behaviour. We all agree that a significant proportion of Garda time in our areas involves dealing with anti-social behaviour in estates and other locations. It is not...

Seanad: Financial Services and Pensions Ombudsman Bill 2017: Committee and Remaining Stages (20 Jul 2017)

Kieran O'Donnell: I welcome the passage of the Bill. It will go to the Attorney General for a review. I hope that commencement orders would take place as quickly as possible. The issue of whole-of-life policies is related to this Bill but is not within the Bill itself, where elderly people in particular would have taken out life assurance policies to ensure that their next of kin did not get caught with...

Seanad: Asian Infrastructure Investment Bank Bill 2017: Committee and Remaining Stages (20 Jul 2017)

Kieran O'Donnell: I will make a few observations on the amendment proposed by Senators Grace O'Sullivan and Higgins. In regard to the proposed section 4(2), I raised the issue of membership on Second Stage. I note the Minister of State indicated this is currently being worked out. Perhaps he would give a commitment today that once the structure for the appointment of an Irish representative has been put in...

Seanad: Asian Infrastructure Investment Bank Bill 2017: Committee and Remaining Stages (20 Jul 2017)

Kieran O'Donnell: If we base our consideration of this Bill on whether Ireland should be an investor in this bank, on balance we would have to answer "yes" to that question. It is good for global business. It is also good to have such a European-Asian join-up. I said during the Second Stage debate that this bank could provide exciting potential opportunities for Irish companies that want break into the...

Seanad: Order of Business (19 Jul 2017)

Kieran O'Donnell: I will try to be helpful in that regard.

Seanad: Order of Business (19 Jul 2017)

Kieran O'Donnell: I would like to raise the issue of Airbnb. I read an interesting piece on the Internet, which has its uses, about Airbnb. The Mayor of Vancouver is bringing in regulations whereby anyone using the site will have to register. It is quite a draconian measure but people can only register in respect of their own homes. They will be unable to register other properties they own with Airbnb. It...

Seanad: Order of Business (19 Jul 2017)

Kieran O'Donnell: It is a badge of honour for them.

Seanad: Financial Services and Pensions Ombudsman Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: I welcome the Minister of State. He was in Limerick yesterday and he is spending much time in the Seanad, his alma mater-----

Seanad: Financial Services and Pensions Ombudsman Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: Absolutely. This is probably one of the most important Bills to come to the House in a long time. People in Limerick have told me that issues in respect of dealing with the ombudsman and related time limits in particular are very important. Sinn Féin brought forward a Private Members' Bill on this issue which will now be superseded and is consolidated in this Bill. Many people come...

Seanad: Financial Services and Pensions Ombudsman Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: If I may raise a point of order-----

Seanad: Financial Services and Pensions Ombudsman Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: Just to be constructive-----

Seanad: Financial Services and Pensions Ombudsman Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: It is a very important point on the whole-of-life policies. I met a man recently who is now in his 90s. He took out what was called a section 60, which was a life policy to pay taxes on his death.He has lived to a much older age. He is now 93 years old and has put a substantial amount of money into a term policy but no endowment element of any description was built into it. I suggest the...

Seanad: Financial Services and Pensions Ombudsman Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: I am pleased to see the introduction of a new term in the era of new politics.

Seanad: Financial Services and Pensions Ombudsman Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: Tomorrow.

Seanad: Planning and Development (Amendment) (No. 2) Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: I want to contribute to this debate for a number of reasons. First, the second time extension mentioned must be given on the basis that these units will built. I would not like to see this being open to abuse if developers were to seek a second extension and then let their developments sit there for five years. This is not on. I would like to discuss a second issue currently coming to the...

Seanad: Planning and Development (Amendment) (No. 2) Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: Now.

Seanad: Asian Infrastructure Investment Bank Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: I welcome the Minister of State, Deputy D'Arcy, back to the Seanad. I wish to make a few observations on the Bill. I understand that Ireland will be required to invest €25 million. Does that provide us with a shareholding in the bank and what percentage shareholding does it provide? Our exposure in terms of the bank would be of the order of €100 million. It is covered on...

Seanad: Asian Infrastructure Investment Bank Bill 2017: Second Stage (18 Jul 2017)

Kieran O'Donnell: Tomorrow.

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