Results 14,061-14,080 of 26,042 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (4 May 2017)

Kieran O'Donnell: Is that all from the multinational sector?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (4 May 2017)

Kieran O'Donnell: How much of the GDP growth we are seeing at the moment is attributable to contract manufacturing?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (4 May 2017)

Kieran O'Donnell: The point I am trying to make is about the correlation. When we see GDP growth, we assume there is a direct correlation to growth in employment, wages and income tax. Contract manufacturing takes place outside Ireland. Is it logical for it to be included in our GDP?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (4 May 2017)

Kieran O'Donnell: With contract manufacturing, the likelihood is that the taxes on those earnings are being assessed in the country where the manufacturing process is taking place. Does the CSO look at it in any way that those contract-manufacturing sales or profits have to be assessed for taxes in Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (4 May 2017)

Kieran O'Donnell: What percentage of GDP is attributable to contract manufacturing?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (4 May 2017)

Kieran O'Donnell: Does the CSO isolate contract manufacturing in its reports?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (4 May 2017)

Kieran O'Donnell: By how much did it rise?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (4 May 2017)

Kieran O'Donnell: In one year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (4 May 2017)

Kieran O'Donnell: They doubled between 2014 and 2015.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: I welcome Mr. Sugarman. He may not be aware that I was also involved in the banking inquiry.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: My colleague, Deputy Michael D'Arcy, has dealt with a lot of matters, but I wish to make a couple of points. Mr. Sugarman has said he is attending today to regain his good name.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: I will deal with the nuts and bolts. New regulations were brought forward on 1 July 2007.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: On what date did Mr. Sugarman join the bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: Under the old regulations were liquidity limits breached? Mr. Sugarman has said that when the bank ran the calculations in parallel, there was a figure of 20% for breaches.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: No. The calculations were run in parallel for six months up to July 2007. In satisfying the requirements under the old regulations, based on the same financial data, were there breaches?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: Were there also breaches under the new regulations?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: How much more onerous were the new regulations compared to the old ones?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: Mr. Sugarman has spoken about a figure of 20% for breaches. If there was a breach under the old regulations, what would it have been?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: What was breached under the old regulations?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman (13 Apr 2017)

Kieran O'Donnell: I want to know the severity of the breaches under the old regulations.