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Joint Oireachtas Committee on Health: Update on Construction of National Children's Hospital: National Paediatric Hospital Development Board (27 Nov 2019)

Kate O'Connell: I wanted Mr. Barry to clarify that.

Joint Oireachtas Committee on Health: Update on Construction of National Children's Hospital: National Paediatric Hospital Development Board (27 Nov 2019)

Kate O'Connell: In regard to the bloods in Connolly Hospital, what is the plan for the future in terms of all CHI's bloods? Will the bloods from this hospital be processed on-site in the new children's hospital? What is the long-term plan for Tallaght, Connolly and Temple Street hospitals in terms of lab work? I understand it is probably okay to take a taxi but it is probably not equitable or handy for...

Joint Oireachtas Committee on Health: Update on Construction of National Children's Hospital: National Paediatric Hospital Development Board (27 Nov 2019)

Kate O'Connell: There have been questions as to whether any of the witnesses have ever built a hospital. There would be very little point in having somebody on the board who built a hospital 50 years ago, because there has been such a change in the way we deliver healthcare. I would like to make the point that it is fairly irrelevant whether someone has built a hospital, because the hospital being built...

Joint Oireachtas Committee on Health: Update on Construction of National Children's Hospital: National Paediatric Hospital Development Board (27 Nov 2019)

Kate O'Connell: I was going to annoy Mr. Barry about the percentage of windows but he had enough hassle this morning.

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: I agree.

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: In terms of the €39.7 million fund that is being managed, Ms. Martin said that there are 392 players in the mix. Some of them are not regulated because their involvement predates registration. Is that correct? There are entities in the mix, whose money is in that fund, that are not registered charities. Did I understand that correctly?

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: What proportion of the money or the groups are we talking about? Is half of it held by unregistered entities? Does the regulator have a breakdown on that? I would find it quite shocking if such a large amount of money was just sitting somewhere but if only a small amount of it relates to unregulated entities, I would not be so worried. It is important to know whose money is in that fund.

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: Does anybody here know the answer? Mr. Scanlon seems to be up to speed on this Davy fund. Does he have any knowledge of the breakdown of the money involved?

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: Specifically what I would like to know regarding the fund of almost €40 million, which seems to be performing quite well, is how many of the 392 companies involved are not registered. What proportion of that fund is in the custody of unregistered charities? Is there information on how long the money has been there? Is it historic money that has not been touched? Are unregistered...

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: Is it closed?

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: They are being paid dividends.

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: Unregistered entities are getting dividends. Maybe this is beyond the scope of this committee. When this fund is marketed, is it marketed as a positive, ethical, philanthropic thing which people invest in for different reasons?

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: I imagine that people who give money to charities would expect that the money is not being invested in something that is unethical. I am not saying that it is, but one would expect there to be oversight.

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: That is the sort of thing I am asking about. It would seem bizarre to me if, for example, the Irish Cancer Society had money in that fund which was being invested in vaping, cigarettes, cannabis production or such.

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: Does the Charities Regulator have a document or parameters in which it is prepared to work regarding responsible investment policy? What other red line issues are there? Did Davy say there was no problem or did it say it would invest in what it wanted to? Is it obliged to listen to the regulator when it directs the investment.

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: If a private company is managing a fund, who decides to write that letter? Who decides, for example, to focus on tobacco? Investment funds support many nasty things. Who decided that was the nastiest thing to put in the letter?

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: When that was highlighted to the regulator, did it look any further into other things that might not be so pleasant to invest in or did it leave it at the tobacco?

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: I imagine it is important that investments are sustainable for the climate and environment. It seems incomplete to not invest in tobacco but then to not invest in any other thing.

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: We spoke about standardised forms of reporting. Deputy Catherine Murphy might have mentioned it. The witnesses referred to less than 1% of people in the charitable sector being paid more than €70,000. That compares to the private sector, where 13% are paid more than €70,000. The witnesses used a nurse as an example. I do not think that anybody would expect that a nurse who...

Public Accounts Committee: 2018 Financial Statements of the Charities Regulatory Authority (21 Nov 2019)

Kate O'Connell: If a charity is paying its CEO €500,000 and its nurse is paid the same as a hospital nurse, whose business is it to look into the salaries of the top brass?

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