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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)

Kieran O'Donnell: Of the 15 institutions, with how many have schemes been agreed and with how many does the final decision on the design of the scheme remain outstanding?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)

Kieran O'Donnell: When is it anticipated that the framework will be decided upon?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)

Kieran O'Donnell: When will lenders be told that they must write to people to inform them that they should have been on a tracker rate and of the level of redress and compensation? Many people approach us with issues concerning trackers. One feature that stands out is the differential between the fixed rate and the variable rate and, more particularly, the significant differential between the fixed rate and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)

Kieran O'Donnell: When will the Central Bank instruct the banks? What is the timeframe involved?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)

Kieran O'Donnell: Therefore, it is expected that once customers have been identified, they will be put straight back on a tracker mortgage?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)

Kieran O'Donnell: Yes. I thank Professor Lane.

Seanad: Order of Business (29 Mar 2017)

Kieran O'Donnell: It has been brought to my attention that the Department of Social Protection's website has been down since Sunday. I ask that the Leader communicates with the Minister for Social Protection and his officials and ensures that every effort is made to get the website, welfare.ie, up and running. People have had to resort to using the Citizens Information's excellent website called...

Seanad: Order of Business (28 Mar 2017)

Kieran O'Donnell: I have two issues to raise, the first of which is the Bus Éireann dispute.I know many of the workers who are out on strike. It is extremely worrying for them.

Seanad: Order of Business (28 Mar 2017)

Kieran O'Donnell: Then I will stick to this issue.

Seanad: Order of Business (28 Mar 2017)

Kieran O'Donnell: I always attempt to be brief.

Seanad: Order of Business (28 Mar 2017)

Kieran O'Donnell: The brief politician is an oxymoron. I hope that common sense will prevail. People need to be talking to each other to find a resolution. I am on record as saying that I feel the business model under which Bus Éireann has been operating, particularly with the Expressway routes, is effectively an unfair model. Up to 60% of its passengers are people who avail of free travel, whereas...

Seanad: Reports on Motor Insurance Costs: Statements (22 Mar 2017)

Kieran O'Donnell: I welcome the Minister of State, Deputy Eoghan Murphy, and compliment him on the work he has done in this area. There are two reports on the issue, the first of which is the report of the Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach. The Minister of State also produced a report for his Department. Many of the points we had raised fed into the final document...

Seanad: Reports on Motor Insurance Costs: Statements (22 Mar 2017)

Kieran O'Donnell: The Senator might tell us the insurance company.

Seanad: Reports on Motor Insurance Costs: Statements (22 Mar 2017)

Kieran O'Donnell: I would say the broker is texting the Senator to make his name known.

Seanad: Reports on Motor Insurance Costs: Statements (22 Mar 2017)

Kieran O'Donnell: They could have been going to Lough Gur as well, which is on the way.

Seanad: Reports on Motor Insurance Costs: Statements (22 Mar 2017)

Kieran O'Donnell: At 2.30 p.m. next Tuesday.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Kieran O'Donnell: I welcome the witnesses. At this stage we are old friends and have been dealing with each other over many years. To cut to the heart of it, there was a report recently in one of the newspapers, perhaps theIrish Examiner, that credit unions were refusing deposits and did not wish to take in deposits. Is that reflective of the views of the credit unions on the ground?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Kieran O'Donnell: What is the reason?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Kieran O'Donnell: If the credit union takes in €10,000 over the counter, it must come up with €1,000-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)

Kieran O'Donnell: Out of its existing resources?

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