Results 15,601-15,620 of 32,864 for speaker:Paschal Donohoe

Written Answers — Department of Foreign Affairs and Trade: Motor Insurance Data (12 Mar 2019)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. My Department does not collect the type of information being sought by the Deputy. As the day to day supervision of insurance undertakings is a matter for the Central Bank of Ireland, my officials have consulted with the Central Bank in respect of the information sought and...

Written Answers — Department of Foreign Affairs and Trade: Code of Conduct on Mortgage Arrears (12 Mar 2019)

Paschal Donohoe: I am advised by the Central Bank of Ireland that within the remit of their responsibilities for safeguarding stability and protecting consumers, its approach to mortgage arrears resolution is focused on ensuring the fair treatment of borrowers through a strong consumer protection framework and ensuring that lenders have appropriate arrears resolution strategies and operations in place. ...

Written Answers — Department of Foreign Affairs and Trade: EU Budget Contribution (12 Mar 2019)

Paschal Donohoe: For the years 2020 to 2023, as part of Budget 2019, my Department has forecasted contributions of €2.9bn, €3.1bn, €3.2bn and €3.4bn respectively. Further to this, for the year 2024, my Department has forecasted a contribution of €3.5bn. As part of the Stability Programme Update, these forecasts will be updated in the coming weeks. However, it is worth noting...

Written Answers — Department of Foreign Affairs and Trade: Insurance Compensation Fund (12 Mar 2019)

Paschal Donohoe: Setanta Insurance ("Setanta") was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law. The Deputy will be aware that the Insurance (Amendment) Act 2018 (Act 21 of 2018) was enacted in July 2018. The Act inter alia provides for revised arrangements for the...

Written Answers — Department of Foreign Affairs and Trade: EU Directives (12 Mar 2019)

Paschal Donohoe: As Minister for Finance, my Department's role in relation to pensions policy primarily relates to the use of tax policy to incentivise retirement savings. In addition, I have responsibility for overall macroeconomic policy and fiscal sustainability. I think it's important to point out that individuals are incentivised to save for retirement through tax policy measures. The Taxes Consolidation...

Written Answers — Department of Foreign Affairs and Trade: Home Loan Scheme (12 Mar 2019)

Paschal Donohoe: I propose to take Questions Nos. 108 and 116 together. I understand the Department of Housing, Planning and Local Government is presently carrying out an internal review of the Rebuilding Ireland Home Loan scheme. As part of this review there are discussions ongoing between the Department of Housing, Planning and Local Government and the Departments of Public Expenditure and Reform, and...

Written Answers — Department of Foreign Affairs and Trade: Revenue Commissioners Resources (12 Mar 2019)

Paschal Donohoe: I am advised by Revenue that it currently has three mobile x-ray scanners, a ‘backscatter van’ scanner, and a specialist vehicle that contains both x-ray and radiation detection technology. All of the scanners are mobile and can be deployed to both frontier and internal operations. The ‘backscatter van’ scanner is Revenue’s most recent acquisition and became...

Written Answers — Department of Foreign Affairs and Trade: Ministerial Meetings (12 Mar 2019)

Paschal Donohoe: I regularly meet with my Italian colleague, Minister Tria, at Eurogroup and ECOFIN Council meetings. The next meetings will be held on 11 and 12 March, in Brussels, while an informal meeting of Economic and Financial Affairs Ministers is scheduled for 5-6 April, in Bucharest. At present, there are no arrangements in place for a bilateral meeting with Minister Tria.

Written Answers — Department of Foreign Affairs and Trade: Public Interest Directors Data (12 Mar 2019)

Paschal Donohoe: As the Deputy will be aware, in 2016 the Government announced it would cease the appointment of new public interest directors, PIDS, in the banks in which the State holds a shareholding and reform the process by which State nominees were appointed to the board of the banks. The date of appointment and date of resignation/cessation of office for each of the public interest directors appointed...

Written Answers — Department of Foreign Affairs and Trade: Insurance Costs (12 Mar 2019)

Paschal Donohoe: As the Deputy will be aware, Recommendation 11 of the Cost of Insurance Working Group’s Report on the Cost of Motor Insurance recommended the establishment of a National Claims Information Database to increase transparency in the insurance sector. The Central Bank (National Claims Information Database) Act 2018 provides the Central Bank with the necessary powers to establish and...

Written Answers — Department of Foreign Affairs and Trade: Insurance Costs (12 Mar 2019)

Paschal Donohoe: Both I and the Minister of State for Financial Services and Insurance, Mr. Michael D’Arcy T.D., are very conscious of the difficulties that increased insurance costs generally are having on many small businesses in this country. Consequently, following the publication of its Report on the Cost of Motor Insurance in 2017, the Cost of Insurance Working Group undertook an examination...

Written Answers — Department of Foreign Affairs and Trade: Insurance Coverage (12 Mar 2019)

Paschal Donohoe: As Minister for Finance, I am responsible for the development of the legal framework governing financial regulation. Neither I nor the Central Bank of Ireland can interfere in the provision or pricing of insurance products, as these matters are of a commercial nature, and are determined by insurance companies based on an assessment of the risks they are willing to accept. Consequently, I am...

Written Answers — Department of Public Expenditure and Reform: Flood Relief Schemes (12 Mar 2019)

Paschal Donohoe: A pre-feasibility study into the flooding issues in Ballinhassig has been completed by the Office of Public Works (OPW) and has identified a preferred option for the area. Further assessment of the environmental impacts is currently being reviewed to inform the planning process, after which the project will progress to planning and detailed design. While it is not possible to provide a...

Written Answers — Department of Public Expenditure and Reform: Flood Relief Schemes (12 Mar 2019)

Paschal Donohoe: The Ennis South Flood Relief Scheme is being progressed by Clare County Council with funding from the OPW. The €8.6m project budget referred to was in respect of a tender competition in 2017. The project was re-tendered in the normal manner arising from pre-contractual issues which have now been resolved. The construction contract was signed between Clare County Council and Ward...

Written Answers — Department of Public Expenditure and Reform: Garda Station Refurbishment (12 Mar 2019)

Paschal Donohoe: The Office of Public Works has agreed with An Garda Síochána upgrade works to Longford Garda Station. These works include the construction of a two story extension incorporating new cells, prisoner processing facilities and office accommodation with alteration works to the existing cell area. This project is to be jointly funded by the Office of Public Works and An Garda...

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (12 Mar 2019)

Paschal Donohoe: The calculations referred to are infrequently required and therefore are done on a case by case basis by my Department.

Written Answers — Department of Public Expenditure and Reform: Flood Prevention Measures (12 Mar 2019)

Paschal Donohoe: The Office of Public Works (OPW) is responsible for the maintenance of Arterial Drainage Schemes (ADS) and Catchment Drainage Schemes (CDS) designated under the Arterial Drainage Acts of 1945 and 1995. The OPW's Mulkear River (Ballymakeogh CDS) is in operation in the areas referred to by the Deputy. Since the flooding in 2018 the OPW has carried out maintenance works which includes improved...

Written Answers — Department of Public Expenditure and Reform: Garda Stations (12 Mar 2019)

Paschal Donohoe: The Office of Public Works continues to review all options to provide the best possible accommodation solution for An Garda Síochána’s operational and policing needs in the area, while maintaining the existing Garda Station premises.

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (12 Mar 2019)

Paschal Donohoe: Pensions for established civil servants who are not members of the Single Public Service Pension Scheme (SPSPS) were provided for under Section 2 of the Superannuation Act 1859 (as amended by section 2 of the Superannuation Act 1909). The Act provides for payment of an annual pension equivalent to one eightieth of salary for each year of service capped at forty years’ service. In...

Written Answers — Department of Public Expenditure and Reform: Home Loan Scheme (12 Mar 2019)

Paschal Donohoe: I propose to take Questions Nos. 125 and 127 together. The Rebuilding Ireland Home Loan launched on 1 February 2018. Prior to its launch, an initial tranche of €200 million of long-term fixed-rate finance was borrowed by the Housing Finance Agency to provide funds for the scheme to local authorities. When the Rebuilding Ireland Home Loan was initially being developed it was...