Results 701-720 of 1,147,754 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Catherine Byrne OR speaker:Josepha Madigan OR speaker:Bernard Durkan OR speaker:Jennifer Carroll MacNeill OR speaker:Peter Burke OR speaker:Darragh O'Brien OR speaker:Patrick Costello OR speaker:Catherine Murphy OR speaker:Violet-Anne Wynne OR speaker:Alan Kelly OR speaker:Seán Sherlock OR speaker:Jackie Cahill OR speaker:Micheál Martin OR speaker:Neale Richmond OR speaker:Dara Calleary OR speaker:Martin Kenny OR speaker:Marian Harkin OR speaker:Verona Murphy OR speaker:Mick Barry OR speaker:Martin Heydon OR speaker:Jack Chambers OR speaker:Fergus O'Dowd OR speaker:Pat Buckley OR speaker:Cormac Devlin OR speaker:Mairead Farrell OR speaker:Catherine Byrne6 OR speaker:Seán Crowe OR speaker:John Lahart OR speaker:John McGuinness OR speaker:Ivana Bacik OR speaker:Joan Collins OR speaker:Malcolm Noonan OR speaker:Colm Brophy OR speaker:Peadar Tóibín OR speaker:Holly Cairns OR speaker:Duncan Smith OR speaker:Colm Burke OR speaker:Danny Healy-Rae)

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

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

Catherine Murphy: Thank you. Your time is up, Deputy. There will be time for a second round. I call Deputy Ó Cathasaigh.

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

Catherine Murphy: I thank Ms Delaney for answering. It was a very big question that took up two minutes.I have no doubt we will come back to this matter, including for the benefit of myself. I suggest that Deputy O'Connor makes his contribution before we take a break.

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

Catherine Murphy: I hope the Deputy reported it.

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

Catherine Murphy: Yes. We will take a ten-minute break. The meeting is suspended.

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

Catherine Murphy: I welcome the witnesses back. I want to go back to the issue Deputy Ó Cathasaigh raised regarding approved housing bodies. I appreciate that some predate by a considerable distance the existence of the Charities Regulator. I have serious concerns about the asset base of properties for which the mortgage is paid off and that are now unencumbered. A couple of years ago, the Department...

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

Catherine Murphy: The Charities Regulator is doing a piece of work with the Approved Housing Bodies Regulatory Authority. What is that work?

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

Catherine Murphy: My attention was drawn to it when someone who was on the board of a small approved housing body was talking about their portfolio of properties. I was absolutely shocked by that. That is what prompted me to start asking questions about this. In theory, an organisation could change its constitution, but there are protections.

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

Catherine Murphy: That goes to the governance and whoever is on the board of directors.

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

Catherine Murphy: I am trying to envisage a situation. In the way AHBs are set up, there is often co-operation with the local authority. There would be a piece of land and housing would be developed, and that would be important because it brings some affordable housing supply. Some of this goes back decades. The bigger ones are of less concern because they were set up in a modern context and they are...

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

Catherine Murphy: Who would bring that to the attention of the Charities Regulator? Is there something that can be identified in the accounts? Is it a question of a complaint coming to the regulator? Where are the routes from which it would get that information?