Results 561-580 of 1,123,479 for in 'Dáil debates' OR in 'Committee meetings' (speaker:John Dolan OR speaker:Denis Naughten OR speaker:Barry Cowen OR speaker:Malcolm Noonan OR speaker:Paul McAuliffe OR speaker:Richard Bruton OR speaker:Darragh O'Brien OR speaker:Martin Browne OR speaker:Jennifer Whitmore OR speaker:Pat Buckley OR speaker:Duncan Smith OR speaker:Donnchadh Ó Laoghaire OR speaker:Christopher O'Sullivan OR speaker:Matt Carthy OR speaker:Marian Harkin OR speaker:Holly Cairns OR speaker:Catherine Martin OR speaker:Pippa Hackett OR speaker:Colm Burke OR speaker:Peadar Tóibín OR speaker:Robert Troy OR speaker:Alan Kelly OR speaker:Denise Mitchell OR speaker:Norma Foley OR speaker:Frank Feighan OR speaker:Niamh Smyth OR speaker:Aengus Ó Snodaigh OR speaker:Kieran O'Donnell OR speaker:Michael Ring OR speaker:Paul Murphy OR speaker:Aengus Ó Snodaigh29 OR speaker:Michael Fitzmaurice OR speaker:Aengus Ó Snodaigh17)

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Paul McAuliffe: We can look at youth centres and community structures across the country. This is the spending of public money and it is governed by volunteers we are not providing sufficient resources to. These are the charities Ms Delaney and her colleagues regulate.

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: Gabhaim buíochas leis an Leas-Chathaoirleach agus leis na finnéithe as teacht os comhair an choiste. In the briefing pack it is mentioned that the Charities Regulator is responsible for the registration and regulation of charities in Ireland. Can I take it that the regulator grants charitable trust ownership structures to companies here as well? In other words, they must apply to...

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: All right. Under the 2009 Act, the regulator is required to ensure and monitor compliance by charitable organisations and to carry out investigations in accordance with the Act. Does that apply to all companies with a charitable ownership structure?

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: Does this include the type of structures that are traded within the IFSC?

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: Why is that?

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: I understand the regulator looked into this in 2017 and I think four companies were identified as using that section 110. Am I correct?

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: According to a press statement from 2017 that the regulator has on its website: The Charities Regulator has completed a review of registered charities holding shares in section 110 companies on trust. The purpose of the review was to establish the number of registered Irish charities holding shares in section 110 companies and to determine whether they fell within the remit of the...

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: It would be fantastic if that could be brought to the committee. I am talking about three structures and obviously I am not aware of what three they were or anything like that, so I am not speaking about them. I am sure they are doing fabulous work. When the regulator is looking at those I assume it looks into the background of them, such as the way they are constituted and if there is a...

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: That is good. I asked about that because over the last two and a half years there has been significant interest in the IFSC and IFSC-based shell companies that often use charitable trust ownership structures. Some of these firms have billions in assets. We know about some examples from research carried out by academics in Trinity College showing that Russian-connected funds funnelled...

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: Yes, in order to acquire status.

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: Okay, but from the regulator's press statement there was the suggestion there were three that were using section 110. Ms. Delaney may wish to come back on that. I am just asking these questions because it is something I have a long interest in and it has been in the public eye. The Department of Finance did a review of section 110 in its entirety in the last year. Did it at any point ask...

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: Okay. On the back of this, I ask the regulator to come back to the committee with detail. It could look back to 2017 and see what the story is with those three structures and whether there have been any others. An Teachta Verona Murphy outlined the concern about the amount of staff the regulator has to look through 11,060 charities and whether it has enough funding to be able to look at...

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: 2023.

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: The regulator.

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: It is €79,000. I had just assumed. At least the regulator has moved from having a deficit to a surplus. I raise the issue of Stewarts Care, which was investigated by the HSE. I am just wondering what role the Charities Regulator had and why there was no charity regulator involved in any investigation.

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: At any point does Ms Delaney feel that she would like to have greater powers in that respect? Does Ms Delaney think it would be of benefit if the Charities Regulator had the funding and the resources put into it?

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: That is fair. Following up from my colleague Deputy Brady's query about gathering data on CEO remuneration, obviously we see so many fantastic charities across this State that put huge work in, and so many people are constantly supporting it, but there have been times when people have had concerns about the remuneration of CEOs. That is something that has had quite a focus placed on it,...

Public Accounts Committee: Financial Statements 2023 - Charities Regulatory Authority (17 Oct 2024)

Mairead Farrell: I thank Ms Delaney. Just-----

Public Accounts Committee: Business of Committee (17 Oct 2024)

Mairead Farrell: No, I was just agreeing to that.

Public Accounts Committee: Business of Committee (17 Oct 2024)

Mairead Farrell: One of them relates to bogus self-employment.