Results 18,801-18,820 of 35,829 for speaker:Pearse Doherty

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I accept amendments Nos. 3 and 4. They are technical and I am glad they clear up the section. There was a lot of discussion at prelegislative scrutiny stage and on Committee Stage. We have reached a good compromise.

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: This group of amendments follows the changes we made in the legislation so that four different findings can be made by the Financial Services Ombudsman, which will give greater clarity to consumers and in terms of reporting. There are mirror amendments in my name on the same issue and it is a matter of drafting. The Government is accepting two of those amendments and my amendment No. 18 is...

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I move amendment No. 6:In page 3, between lines 19 and 20, to insert the following: “Amendment of section 57BS of PART VIIB of the Principal Act 3. Section 57BS of Part VIIB of the Principal Act (as amended) is amended by the substitution of the following for subsections (5) to (9):(5) A regulated financial service provider falls within this subsection if, in the preceding financial...

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I move amendment No. 10a:In page 4, between lines 1 and 2, to insert the following: “(3) Section 57BX of PART VIIB of the Principal Act (as inserted by Section 16 of the Act of 2004) is amended by the insertion of the following:“(3E) The time limits specified in subsection (3C) shall apply to the following:(a) any complaint received by the Financial Services Ombudsman which had...

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I accept the Minister's amendment and the provision that the ombudsman shall engage in mediation is a major step forward. I acknowledge that there have been great moves in that direction by the ombudsman and his office and I hope this section will encourage the progress we have seen in the past short while.

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I move amendment No. 14:In page 4, between lines 23 and 24, to insert the following:“(2) Amendment of section 57CI of PART VIIB of the Principal Act (as inserted by section 16 of the Act of 2004), in subsection 2 of section 57CI of PART VIIB of the Principal Act (as inserted by section 16 of the Act of 2004) is amended to be read as follows:“(2) A complaint may be found to be...

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I move amendment No. 15:In page 4, between lines 23 and 24, to insert the following:“(3) Amendment of section 57CI of PART VIIB of the Principal Act (as inserted by section 16 of the Act of 2004), in subsection 4 of section 57CI of PART VIIB of the Principal Act (as inserted by section 16 of the Act of 2004) is amended to be read as follows:“(4) If a complaint is found to be...

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I welcome the Government's decision to withdraw its amendment. This is a step forward. My original Bill, which was published in 2014, suggested a 60-day window and the current rule is 21 days but that timeframe for a consumer to challenge the outcome of a ruling by the Financial Services Ombudsman in the High Court is very limited when one needs junior and senior counsel. The extension to...

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I move amendment No. 17:In page 4, between lines 23 and 24, to insert the following: “Amendment of section 57CL of PART VIIB of the Principal Act 6. Subsection (3) of section 57CL of PART VIIB of the Principal Act (as inserted by section 16 of the Act of 2004) is amended to be read as follows:“(3) An appeal under this section must be made—(a) within 35 days of the date...

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I move amendment No. 2:In page 3, between lines 14 and 15, to insert the following: "Amendment of section 57BA of PART VIIB of the Principal Act 2. Section 57BA of the Principal Act (as inserted by section 16 of the Act of 2004) is amended by the insertion of the following definition:" 'long-term financial service' means a financial service where the actual or intended duration of the...

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I welcome that clarification. If anything I think my legislation has acted as a prompt for the Government. This Bill was first published in 2014. As it passed Second Stage, the Government produced the heads of its Bill. As it passed Committee Stage, the Government published its legislation. Hopefully as it passes Report and Final Stages in the Dáil tonight, the Government's Bill...

Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014: Report and Final Stages (23 May 2017)

Pearse Doherty: I am very glad the Central Bank and Financial Services Authority of Ireland (Amendment) Bill 2014 is on Report Stage and, hopefully, it will pass Final Stage in the Dáil tonight. I welcome the engagement that I and Declan O'Farrell in my office have had with the Minister of State and his officials in regard to preparing for Report Stage. A number of amendments are grouped in this...

Commission of Investigation (National Asset Management Agency) Order 2017: Motion (23 May 2017)

Pearse Doherty: Cuirim fáilte roimh an rún atá os ár gcomhair anocht. Sa deireadh thiar thall, táimid ag an bpointe seo. Le fáil go dtí an pointe seo, cuireadh go leor constaicí in ár mbealach. Bhí daoine sa Teach seo ag lorg coimisiún fiosrúcháin ag baint le díolachán Project Eagle le tamall fada. Chonaic muid arís agus...

Committee on Budgetary Oversight: Capital Investment Plan (Resumed): Irish Exporters Association (23 May 2017)

Pearse Doherty: I welcome the witnesses to the committee. The Irish Exporters Association has conducted many surveys among its members which have shown that they are becoming more nervous about the outcome of Brexit as time goes on. The last survey results that I read showed that 92% believed that it would be detrimental to Irish exports. The witnesses said that indigenous businesses are woefully...

Committee on Budgetary Oversight: Capital Investment Plan (Resumed): Irish Exporters Association (23 May 2017)

Pearse Doherty: Yes. Very helpfully, Mr. McKeever stated there is not one-way traffic. With food, it is two-way. Britain is dependent on us but if there is the type of trade agreement in question, it will be reciprocal. It is not only about tariffs but also about the regulations. If only Ireland and Britain were thrashing this out, we might have some type of outcome but there are many other factors at...

Committee on Budgetary Oversight: Capital Investment Plan (Resumed): Irish Exporters Association (23 May 2017)

Pearse Doherty: We have been learning that a number of businesses are considering establishing units in Britain with a view to manufacturing there for the British market instead of exporting from here. How prevalent is that trend? Is it being considered?

Committee on Budgetary Oversight: Capital Investment Plan (Resumed): Irish Exporters Association (23 May 2017)

Pearse Doherty: When we talk about presence, are we talking about staff?

Committee on Budgetary Oversight: Capital Investment Plan (Resumed): Irish Exporters Association (23 May 2017)

Pearse Doherty: Just to cater for that market.

Committee on Budgetary Oversight: Capital Investment Plan (Resumed): Irish Exporters Association (23 May 2017)

Pearse Doherty: Mr. McKeever talked about a possible solution, the GoSwift queue management solution. It has been internationally recognised by the OECD and others. Representatives of the Revenue Commissioners were before the finance committee and they talked about how there would be electronic trade management for the vast majority and that 6% of freight could be directed to a location perhaps 10 km to 15...

Committee on Budgetary Oversight: Capital Investment Plan (Resumed): Irish Exporters Association (23 May 2017)

Pearse Doherty: How can one deal with that? The Estonian GoSwift service operates at three major crossing points but we have a Border that is so porous. In Donegal there are dozens of ways that I can travel the Border. If I am travelling up in Inishowen, will I be diverted to a checkpoint in Letterkenny? What if I am travelling down in Pettigo? We are not going back to the situation where we are closing...