Results 14,821-14,840 of 35,681 for speaker:Pearse Doherty

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

Pearse Doherty: There is a lot there. I am just taking it in. I appreciate what the Minister of State said, particularly the final point that consumer protection would not be different from one or the other. However, it appears from the speaking note the Minister of State read out that the approach being taken, which is that the credit firm as opposed to the retail credit firm will be regulated, is far...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

Pearse Doherty: Deputy McGrath flagged that he may wish to return on Report Stage to the issue of definitions. The Central Bank favours the regulation of the retail credit firm as opposed to what is being proposed, namely, the regulation of a credit servicing firm. I do not believe the committee will be able to deal with this issue at this point. Notwithstanding our interaction with the Minister's...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

Pearse Doherty: The issues in sections 2 and 3 return to the core point of who should be regulated or not, should it be the credit servicing firm or the retail credit firm. My view is that it should be the retail credit firm, therefore, this would also need to change. I wish to raise two points on the new section 2. I am concerned about the issue of not regulating the credit servicing firm, if the owner...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

Pearse Doherty: On section 10-----

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

Pearse Doherty: I am wondering about access to the ombudsman. Is that section 11?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

Pearse Doherty: While I accept that any regulated entity would be subject to the Financial Services and Pensions Ombudsman, and I do not have any reason to doubt that, the problem is that this legislation is now allowing for credit servicing firms, which interact with consumers, to be unregulated. While heretofore one could take a case to the Financial Services and Pensions Ombudsman against a credit card...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

Pearse Doherty: I would like to look at this before Report Stage and for others to consider whether the credit-servicing firms should be regulated and, if so, whether they would automatically come under the remit of the ombudsman.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage (12 Jul 2018)

Pearse Doherty: Under this legislation, the scenario the Minister of State outlined could actually happen. The legislation still allows for both the credit servicing firm and the owner to be regulated. A customer might be able to do exactly as suggested by the Minister of State. It also allows for the credit servicing firm not to be regulated in the traditional fashion. We know the owner will become a...

Written Answers — Department of Finance: Motor Insurance Coverage (12 Jul 2018)

Pearse Doherty: 98. To ask the Minister for Finance the actions being taken to ensure that car owners with older cars are not excluded from the insurance market; and if he will make a statement on the matter. [31676/18]

Written Answers — Department of Health: Home Help Service (12 Jul 2018)

Pearse Doherty: 511. To ask the Minister for Health if proposed changes being planned for home care services in respect of a person (details supplied) in County Donegal due to new rostering arrangements will be reconsidered; and if he will make a statement on the matter. [32297/18]

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: I welcome the Minister. Will he outline the structural balance in 2018? Is it 0.9%?

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: We have moved away from the medium-term budget objective, MTO. We failed to meet it this year. It moved in the wrong direction by 0.4%. Is that correct?

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: Did we breach the fiscal rules?

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: Why not?

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: Which is what?

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: Is it not the case that there is a deviation but it only kicks in when there is a significant deviation of 0.6%?

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: That is fine.

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: If we were to achieve the same structural balance next year, if there was no disimprovement, would that be a breach of the fiscal rules?

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: We did not breach them last year when it disimproved significantly. If it stayed the same, however, we would breach them this time?

Committee on Budgetary Oversight: Summer Economic Statement: Discussion (11 Jul 2018)

Pearse Doherty: The rules are that a significant deviation is 0.6% of the structural balance. Is it not the case that the European Union looks at the expenditure benchmark as the way to achieve a structural balance?