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Results 221-240 of 1,212 for speaker:Dara Murphy

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: I am not sure it is appropriate to identify specific individuals by name but does Mr. Cullinan believe the person in charge of regulating our insurance industry went to the Government to request additional resources?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: There is nowhere else to go for resources other than the Government. There is no third party.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: That would be the bank’s internal resources.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: In other words, resources could be moved from the banking sector. Clearly, resources were not being lashed out for the banking sector during this period. I am not being facetious in that regard. Are the people who can answer that question still working in the Central Bank? Alternatively, can one of the departmental officials tell us whether a request was made to the Government for more...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: Would it be appropriate to get an answer to this simple question at some point? Given that the Irish taxpayer is required to pay out €1.6 billion, an allegation has been made by the person in charge of insurance regulation that a request was made for more resources but we do not know whether that request was denied or submitted.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: Mr. Cullinan indicated that-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: -----the reason this happened was because the regulators were under-resourced. How many people work in the Central Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: I am no defender of the Government but I assume it would argue that 1,300 people are adequate to make a stab at regulation of the banking and insurance industry.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: I refer to the period between 2006 and 2009. How many people were working in insurance regulation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: I have to welcome this significant improvement but given the strength of the economy at the time, it is outrageous that the Central Bank sought increased resources and did not get them. I would like clarification.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: In fairness to Mr. Cullinan, he was not the person who made the request nor did his colleagues and, therefore, we have no alternative unless the Department has knowledge as to whether a request was denied by the previous Government.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: Either it was requested or not.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: I do not have an answer to my question but there is a process and perhaps I will get one at some point in the future. The issue of regulation is significant.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Quinn Insurance and Insurance Compensation Fund: Discussion (10 Oct 2012)

Dara Murphy: For the committee.

Written Answers — Department of Environment, Community and Local Government: Election Management System (16 Oct 2012)

Dara Murphy: To ask the Minister for Environment, Community and Local Government if he will be requesting returning officers to enforce his recommendations that returning officers employ persons from the live register or at least open up the employment process; and if he will make a statement on the matter. [44749/12]

Written Answers — Department of Defence: Defence Forces Veterans (16 Oct 2012)

Dara Murphy: To ask the Minister for Defence further to Parliamentary Questions Nos. 441 and 442 of 2 October 2012, if there is a status of approval or any other state other than formal recognition; if there is, if he will provide a list of these organisations and identify the level of formal recognition that applied to them; and if he will make a statement on the matter. [44191/12]

European Council Meeting: Statements (24 Oct 2012)

Dara Murphy: It is pretty significant stuff.

European Council Meeting: Statements (24 Oct 2012)

Dara Murphy: Apart from Germany and France.

European Council Meeting: Statements (24 Oct 2012)

Dara Murphy: Apart from Germany and France. There are statements from Angela Merkel and François Hollande.

Statutory Sick Pay: Motion (Resumed) [Private Members] (24 Oct 2012)

Dara Murphy: I welcome the opportunity to speak on this Private Members' motion. We should acknowledge that no clear decision has yet been taken in this regard. Perhaps it is one of the few debates where there is space for an ideological difference, and there is an ideological difference. We must acknowledge that the country has been put in a remarkably difficult position economically and Ministers...

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