Results 581-600 of 1,162,736 for in 'Dáil debates' OR (speaker:Joe O'Brien OR speaker:Dara Calleary OR speaker:Stephen Donnelly OR speaker:Joe Flaherty OR speaker:Seán Fleming OR speaker:Darragh O'Brien OR speaker:Brendan Smith OR speaker:Imelda Munster OR speaker:Michael Ring OR speaker:Mattie McGrath OR speaker:Carol Nolan OR speaker:John McGuinness OR speaker:Robert Troy OR speaker:Frank Feighan OR speaker:Damien English OR speaker:Emer Higgins OR speaker:Niall Collins OR speaker:John Brady OR speaker:Catherine Connolly OR speaker:Malcolm Noonan OR speaker:Pauline Tully OR speaker:Réada Cronin OR speaker:Michael Creed OR speaker:Jennifer Carroll MacNeill OR speaker:Cathal Berry OR speaker:Matt Carthy OR speaker:Patricia Ryan OR speaker:Ruairi Ó Murchú OR speaker:Kieran O'Donnell OR speaker:Mick Barry OR speaker:Violet-Anne Wynne OR speaker:Mairead Farrell) in 'Committee meetings'

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

John Brady: It seems like an extraordinary amount of rent when there are so many State owned buildings. In terms of the charities themselves and the pay for CEOs, it has to be said an awful lot of charities operate on a voluntary basis and there is no remuneration whatsoever. For CEOs who are paid, the average is approximately €70,000. There were some reports in the media that said CEOs were...

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

John Brady: Are there any charities where that remuneration package is deemed excessive or which Ms Delaney has concerns about?

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

John Brady: We absolutely see the need for the regulator and the work it does in ensuring there is regulation and all the standards are adhered to, but in some cases it is construed that there is heavy-handedness in the approach taken. I do a lot of work with organisations that help the homeless, and I am sure others do as well. There was a brilliant organisation in my constituency that was set up by a...

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

John Brady: I do not want to get into specific cases or anything like that, but they were certainly not masquerading as some charity. They received small donations, similar to many little groups like that. It was a coming together of community activists and people who wanted to do good. I gave the wrong figure. She was threatened with a fine of €300,000 and-or a prison sentence of up to ten...

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

John Brady: She was told this is the process you need to go through. It is a cumbersome and lengthy process that would frighten the life out of anyone trying to register as a charity. The approach was very heavy-handed and wrong and there needs to be a lot more-----

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

John Brady: -----working with small groups like that which see a need to address a serious crisis, which is homelessness. Unfortunately, it was forced to cease operating like many other similar small groups.

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.