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Confidence in the Minister for Justice: Motion (5 Dec 2023)

Jennifer Carroll MacNeill: We look down on what you do.

Confidence in the Minister for Justice: Motion (5 Dec 2023)

Jennifer Carroll MacNeill: You harass and cause problems for gardaí. That is not what we do.

Confidence in the Minister for Justice: Motion (5 Dec 2023)

Jennifer Carroll MacNeill: They are not getting it from you either.

Confidence in the Minister for Justice: Motion (5 Dec 2023)

Jennifer Carroll MacNeill: You would know that.

Confidence in the Minister for Justice: Motion (5 Dec 2023)

Jennifer Carroll MacNeill: They are attacks on the IRA, attacks on Sinn Féin's support for the IRA and attacks on Sinn Féin's commemoration of the IRA.

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: I am delighted to have the opportunity to bring this Bill back to the Seanad. I will speak broadly on the Bill, as the Seanad wishes, about the Bill’s background as we finish up. The Bill is the culmination of three years of collaborative work by my departmental officials, the credit union sector’s representative bodies, the Central Bank and many devoted credit union staff and...

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: Group 2 addresses the following issues: the expansion of the definition of a “common bond” to include the common bond of a corporate credit union; the modernisation of the language in the Credit Union Act regarding the objects and purpose of a credit union; the establishment of a corporate credit union and the establishment of its common bond; and provision for credit unions to...

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: In total, 51 amendments have been made to the Bill since its publication in December 2022. While the majority of those were technical amendments clarifying and refining the language of the Credit Union Act 1997, two key amendments were to section 35, which allows credit unions to take part in loan participation and loan syndication, and to section 51A, which allows credit unions to refer...

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: The amendments in this group, namely, amendments Nos. 15 and 17, relate to sections 17 and 67. They will assist credit unions in modernising their membership approval processes.

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: The amendments in this group address the issue of changes to the nominations processes and to the processes for small payments on death. These are important changes to the Bill as originally published. Members will be very familiar with the nomination procedure. The two changes here are an increase in the nomination limit from €23,000 to €27,000 and a tightening of the...

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: This grouping inserts a new section 51A that allows for the referral of a member to another credit union, regardless of whether the referring credit union provides the service the member is seeking. This is absolutely core to the operation of the new Bill. What we are trying to do is increase the financial services provided to people all over this country, irrespective of where they live,...

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: The latter is exactly what is proposed. Rather than forcing smaller credit unions to provide mortgages or current accounts in a way that may not suit them, because they may not step into that risk profile, the member of that credit union can and should be referred to another credit union that offers those services and becomes a member of that credit union specifically for the purpose of...

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: Yes, the purpose is about referring members rather than changing the common bond.

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: This is about empowering the credit union boards to better manage their own governance to allow them to focus and concentrate on strategy and development rather than detailed operational matters. This grouping addresses the following issues: organisational matters regarding the delivery of notices of meetings, documents, annual accounts and the calling of meetings; a quorum for a general...

Seanad: Credit Union (Amendment) Bill 2022: [Seanad Bill amended by the Dáil] Report and Final Stages (5 Dec 2023)

Jennifer Carroll MacNeill: I would like to take this opportunity to thank all of the people involved in this collaborative piece of work: my predecessor, the Minister for State, Deputy Sean Fleming, who introduced the Bill into this House; and my officials on the credit union policy team, Catherine and Miriam in particular, who have done extraordinary work on this. I also thank the representative bodies - the ILCU;...

Committee on Public Petitions: Reform of Insurance for Thatched Heritage Buildings: Discussion (30 Nov 2023)

Jennifer Carroll MacNeill: I will make my opening statement and then also address perhaps a number of issues in response to the letter where we may have different or other information that it may be helpful for the committee for us to clarify. I thank the committee for the invitation to join it here today. I acknowledge Ms McNelis's letter to the committee. We share a common interest, which is ensuring that...

Committee on Public Petitions: Reform of Insurance for Thatched Heritage Buildings: Discussion (30 Nov 2023)

Jennifer Carroll MacNeill: Sorry, could the Chair give more detail on which ones?

Committee on Public Petitions: Reform of Insurance for Thatched Heritage Buildings: Discussion (30 Nov 2023)

Jennifer Carroll MacNeill: I think so. The purpose of the directive is to make sure there is as competitive a market as possible within the Single Market and within each member state in the Single Market in order to make sure the State is not doing things which will reduce competition or have a market intervention effect and make sure that at the same time as having a competitive market you have insurers who have the...

Committee on Public Petitions: Reform of Insurance for Thatched Heritage Buildings: Discussion (30 Nov 2023)

Jennifer Carroll MacNeill: I will check my notes, but I am confident that we have raised thatched buildings along with every other pinch point that we had at the time with every insurance company operating in the market that I have ever met. Some of those matters have since been resolved. This morning, my officials met a new potential entrant in the market. That is commercially sensitive because the company has not...

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