Results 14,001-14,020 of 36,274 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: While I understand certain investigations are ongoing, I have been a strong advocate for individual accountability. With Professor Lane exiting his position in the next few weeks, is there anything the committee or the Oireachtas should do to ensure, if there was to be another scandal like the tracker mortgage or banking crash, individuals would be held to account in a clearer way and beyond...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: We have been waiting a long time for actions to follow from the Central Bank's recommendations. Is it a year and a half or nearly two years since the LRC submission?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: It speaks volumes about what is being prioritised. The Central Bank liaises with the Minister about regulatory or legal changes which are needed. It would also be appropriate to inform the committee if the Central Bank believes there are areas which need strengthening. On the topic of Brexit, Senator O'Donnell asked about the sanctioning of Barclays Bank and the Bank of America, which...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: How many significant firms are looking for new authorisations from the Central Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: They were authorised, yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: I appreciate that. Those companies are doing that so they can continue to operate in the EU.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: As to the impact of Brexit, I am trying to get a sense of whether firms are deciding to leave London, or Britain, and locate here and have Ireland as their European headquarters, as opposed to just rearranging their structures.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: I appreciate that and that is welcome but perhaps I am not framing my question clearly. How many applications are before the Central Bank for firms which were previously located or headquartered in Britain, whether indigenous to Britain or acting as a European headquarters, and are now applying to operate a European base from Ireland? Has the Central Bank a sense of that? There was an...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: I am dealing with a number of people who are deeply frustrated at the sale of Permanent TSB loans to Glenbeigh Securities. They are involved in restructuring arrangements and want to repay their mortgages in full when they come out of arrears, but Permanent TSB will not allow them to do so. That is mind-boggling. It does not make sense to me that it is telling them that they have to wait...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: I will ask the individual. Emails have been sent backwards and forwards which show that they are being prevented from doing this.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: Nor to me. Last week we discussed the transfer of mortgages to vulture funds and will discuss it again next week when we deal with the legislation. This may be the final time Professor Lane appears before the committee as Governor. What is his personal view on loan sales to debt charities, as opposed to vulture funds? What does the Central Bank think of not-for-profit charities entering...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: Every vulture fund gets a big discount from the seller.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: A little later, I will revisit the issue of the prevailing rate which has been brought up by a few speakers. I have raised the issue of Glenbeigh Securities not paying any tax. We have seen issues with the funds industry and section 110 bodies. The European Parliament has just voted, by a significant majority, to declare Ireland a tax haven. Ireland is now on a list of tax havens, with...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: On the taxation end?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: Will the report to which the Governor refers look at rent and the property sector? Yesterday, we discussed the issue of the biggest landlord in the State purchasing something based on the knowledge that it will pay very little in terms of an effective tax rate, on account of being an external investor.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Central Bank of Ireland: Discussion (26 Mar 2019)

Pearse Doherty: We saw increasing resolve in Europe when the Parliament named us as a tax haven for the first time. It is a global issue but many of our partners in Europe are not on the list. My concern is that certain member states have an agenda in the area of tax sovereignty and harmonisation and these headlines do nothing for our case to resist that agenda. There are real issues that need to be...

Written Answers — Department of Health: Mental Health Services Provision (13 Mar 2019)

Pearse Doherty: 191. To ask the Minister for Health if home support services are available for persons under 65 years of age under the care of mental health services; if so, the process by which applications are made; and if he will make a statement on the matter. [12442/19]

Written Answers — Department of Employment Affairs and Social Protection: Carer's Benefit Payments (13 Mar 2019)

Pearse Doherty: 336. To ask the Minister for Employment Affairs and Social Protection the reason half-rate child dependant allowance is not applied to carer’s benefit claimants for foster children for the first six months while it is paid to other claimants of social welfare payments immediately; and if she will make a statement on the matter. [12536/19]

Written Answers — Department of Employment Affairs and Social Protection: Child Benefit Eligibility (13 Mar 2019)

Pearse Doherty: 337. To ask the Minister for Employment Affairs and Social Protection the reason child benefit is not paid to foster parents for the first six months; and if she will make a statement on the matter. [12537/19]