Results 13,981-14,000 of 27,945 for speaker:Michael McGrath

Written Answers — Department of Finance: Banking Operations (16 Feb 2017)

Michael McGrath: 116. To ask the Minister for Finance if the approval of the ECB is required for a bank (details supplied) to resume dividend payments to shareholders; if any discussions are under way in this matter; his role as Minister and the role of his Department in relation to possible dividend payments by the bank; and if he will make a decision on the matter. [7793/17]

Written Answers — Department of Finance: Financial Services Regulation (16 Feb 2017)

Michael McGrath: 117. To ask the Minister for Finance the detail of insurance companies selling motor insurance here which are prudentially regulated in an EU member state other than Ireland; the country in which they are prudentially regulated; if they are regulated here for conduct of business purposes; if he or the Central Bank has any concerns in relation to these firms selling business here; and if he...

Written Answers — Department of Public Expenditure and Reform: Public Procurement Contracts (16 Feb 2017)

Michael McGrath: 183. To ask the Minister for Public Expenditure and Reform if his Department or the Office of Government Procurement has a policy on contractors seeking add-ons associated with large public capital building projects; the amount paid out in respect of such add ons in the past five years; and if he will make a statement on the matter. [7795/17]

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: With the permission of members, I shall substitute for the Chairman, Deputy John McGuinness, until he comes back. We are considering the Revised Estimates for 2017 for the Finance group of Votes, namely, Votes 7 to 10, inclusive. On 15 December 2016, the Dáil ordered that the following Revised Estimates be referred to this committee for consideration: Vote 7, Office of the Minister for...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: Thank you for your opening statement, Minister. Four Deputies are signalling. We will start with Deputy Doherty. Can we try to keep the round to ten minutes, please?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: I have a question and I will add it to Deputy Doherty's time. The Minister referred to Customs controls. Did he indicate that it may be possible, even in the event that the UK leaves the EU Customs Union, not to have any physical Customs controls or Customs-related activities at the Border?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: What about a car boot full of high-value goods, for example, electronics, jewellery and so on going over the Border and back every day?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: The question is what will the position be for someone who is over the relevant thresholds, and who is over and back across the Border. The Deputy's question-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: I have a question on the report.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: I have one question relating to his brief in the context of financial services. What opportunities have arisen in light of Brexit? He has been active in promoting Ireland in the City of London as a destination for financial services. What does he expect to achieve in terms of employment, the nature of that employment and our capacity to receive that investment?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: Is there an element of unfair competition? Are some of the larger cities we are competing with making offerings they may not be able to stand over? What is the Minister of State suggesting in this regard? He mentioned the word "regulatory", in particular.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: Should this issue be raised with the ECB? If promises are being made on regulation and how companies will be treated when we are meant to be under a common supervisory and regulatory system------

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: How many jobs could be attracted from the UK in the context of Brexit? Could the Minister of State also comment on the quality of the jobs?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: That was the final point I wanted to make. The Minister of State has emphasised the regional dimension. As he is well aware, there are many pressures in Dublin. With Brexit, it is hoped that many jobs will come to Dublin in the financial services area. The regions have a lot to offer. The Chairman will make the case for Kilkenny. I and others will make the case for Cork with the...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised) (15 Feb 2017)

Michael McGrath: It was used up in his praise of Cork. I am not hearing the same about Kilkenny.

Written Answers — Department of Finance: Financial Services Regulation (15 Feb 2017)

Michael McGrath: 111. To ask the Minister for Finance if there is a limit of the number of live loans that a customer can have with an individual licensed moneylender at any point in time; and if he will make a statement on the matter. [7516/17]

Written Answers — Department of Finance: Financial Services Regulation (15 Feb 2017)

Michael McGrath: 112. To ask the Minister for Finance if there are rules regarding the loan limit that a selling agent can decide upon during a face to face meeting with a customer with regard to licensed moneylending here; the process of underwriting that must apply; and if he will make a statement on the matter. [7517/17]

Written Answers — Department of Finance: Financial Services Regulation (15 Feb 2017)

Michael McGrath: 115. To ask the Minister for Finance the amount currently owed to licensed moneylenders here; the number of customers that are in debt to these moneylenders; and if he will make a statement on the matter. [7520/17]

Written Answers — Department of Finance: Financial Services Regulation (15 Feb 2017)

Michael McGrath: 113. To ask the Minister for Finance if there are limits on the amount of cash that a licensed moneylending agent can have in their possession or in their vehicle in the course of their work; if there are any security concerns arising therefrom; and if he will make a statement on the matter. [7518/17]

Written Answers — Department of Finance: Financial Services Regulation (15 Feb 2017)

Michael McGrath: 114. To ask the Minister for Finance if the agents that meet with the customers at their home are generally employed by the moneylender or are self-employed with regard to licensed moneylending here; and if he will make a statement on the matter. [7519/17]