Results 18,181-18,200 of 27,945 for speaker:Michael McGrath
- Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)
Michael McGrath: 88. To ask the Minister for Finance his views on the finding of the Irish Fiscal Advisory Council that the Spring Economic Statement and the Stability Programme Update 2015 incorporate a further adjustment for tax buoyancy that goes against the letter and spirit of the expenditure benchmark rule; and if he will make a statement on the matter. [22923/15]
- Written Answers — Department of Finance: Fiscal Policy (11 Jun 2015)
Michael McGrath: 89. To ask the Minister for Finance his views on the Irish Fiscal Advisory Council's claim that the Stability Programme Update 2015 does not present a full picture of the likely costs of demographic ageing and cost pressures in delivering existing programmes; and if he will make a statement on the matter. [22924/15]
- Written Answers — Department of Public Expenditure and Reform: Fiscal Policy (11 Jun 2015)
Michael McGrath: 96. To ask the Minister for Public Expenditure and Reform his views on the Irish Fiscal Advisory Council's claim that the ratio of non-interest Government spending to gross domestic product is projected to fall by over five percentage points between 2015 and 2020 and this would appear very challenging to achieve while maintaining current services and meeting demands for increases in public...
- Written Answers — Department of Public Expenditure and Reform: Fiscal Policy (11 Jun 2015)
Michael McGrath: 97. To ask the Minister for Public Expenditure and Reform the way he envisages the system of multi-year ceilings will operate under the revised EB framework; his views on the finding of the Irish Fiscal Advisory Council that the multi-year expenditure ceilings system is not working effectively because the Government has consistently made adjustments to the ceilings; and if he will make a...
- Written Answers — Department of Justice and Equality: Garda Youth Diversion Projects (11 Jun 2015)
Michael McGrath: 119. To ask the Minister for Justice and Equality when she expects a Garda youth diversion project for a town (details supplied) in County Cork to be operational; the level of resources that will be involved; the way the project will operate; and if she will make a statement on the matter. [22855/15]
- Written Answers — Department of Justice and Equality: Garda Investigations (11 Jun 2015)
Michael McGrath: 124. To ask the Minister for Justice and Equality the progress of investigations by An Garda Síochána into the 16 complaints involving the National Asset Management Agency which she confirmed were taking place in 2014; the number of investigations that have been finalised and the outcome in each case; and if she will make a statement on the matter. [22872/15]
- Written Answers — Department of Justice and Equality: Garda Investigations (11 Jun 2015)
Michael McGrath: 125. To ask the Minister for Justice and Equality if any additional complaints to An Garda Síochána have been made involving the National Asset Management Agency, separate to the 16 complaints she confirmed in 2014; and if she will make a statement on the matter. [22873/15]
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: Thank you, Chair. You're very welcome, Mr. O'Reilly. Can I start by asking you, in relation to the banking crisis, and I suppose the fact it happened is the ultimate measure of the effectiveness of the use of supervisory powers but, in your view, essentially what went wrong and who was responsible, given the fact that banking supervision from 2003 to 2008 failed to prevent an unprecedented...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: Basel II is it?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: Yes.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: But can I put it to you, Mr. O'Reilly, that, you know, according to the evidence from Cyril Roux yesterday, principles-led regulation doesn't necessarily have to be non-intrusive, that it doesn't have to be light-touch, as such. Could principles-led regulation have been implemented better by the authority during the years in question?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: But is it the case that principles-led regulation could have been done differently, that it could have been more aggressive, it could have been more intrusive?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: Did you ever request resources and were refused?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: Governor Honohan, in his report, reached a central conclusion in relation to regulation and he said: ... a regulatory approach which was and was perceived to be excessively deferential and accommodating; insufficiently challenging and not persistent enough. [It] meant not moving decisively and effectively enough against banks with governance issues. It ... meant that corrective regulatory...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: I'm sure you do.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: But I suppose, Mr. O'Reilly, people sometimes get frustrated when the word "system" is used. You know, there are people in a system. People operate a system. People are responsible for a system. People can change a system.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: So, you know, is it adequate to blame the system?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: Okay. And with the full benefit of hindsight - looking back now - what could you have done during the years that you were the Financial Regulator-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: -----with the powers available to you at the time?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)
Michael McGrath: What could you have done which might have----