Results 841-860 of 1,106,583 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Peter Burke OR speaker:Barry Cowen OR speaker:Matt Shanahan OR speaker:Alan Farrell OR speaker:Niall Collins OR speaker:Maurice Quinlivan OR speaker:Christopher O'Sullivan OR speaker:James Lawless OR speaker:Verona Murphy OR speaker:Gary Gannon OR speaker:Pearse Doherty OR speaker:Michael Healy-Rae OR speaker:Eoin Ó Broin OR speaker:Kieran O'Donnell OR speaker:Pa Daly OR speaker:Helen McEntee OR speaker:Brendan Smith OR speaker:Jackie Cahill OR speaker:Seán Canney)
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: Mr. Makhlouf has said very clearly that his hands are tied. He did not use those words but there is a legal responsibility on the Central Bank to authorise the sale of these bonds through the Central Bank in Ireland, as the home country, by approving the prospectus. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: Mr. Makhlouf has said that comes from the 2017 European regulations. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: Okay. In those same regulations paragraph 8 reads: The disclosure requirements of this Regulation do not prevent a Member State or a competent authority or an exchange, through its rulebook, from imposing other particular requirements in the context of the admission to trading of securities on a regulated market... Is that not the case?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: This regulation is about the requirement to provide a prospectus and then for a competent authority to authorise that prospectus. It states very clearly here that the Central Bank as a competent authority can impose "other particular requirements in the context of the admission to trading of securities". Does Mr. Makhlouf acknowledge that the Central Bank has the powers under this...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: When did the Central Bank last approve the prospectus?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I am sure Mr. Makhlouf is familiar with this even though it is a big regulation. Article 32 reads: In order to fulfil their duties under this Regulation, competent authorities [which is the Central Bank] shall have, in accordance with national law, at least the following supervisory and investigatory powers: (a) to require issuers, offerors or persons asking for admission to trading on a...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I appreciate that, and the European Union should move on this. They should move-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: No. At the minute the deputy governor has three directors who operate under that structure. Is it the case that those directors will remain?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: So those three directorates are gone.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: Will the director of consumer protection go?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I understand. So the director of consumer protection unit is gone. Is the director of enforcement and anti-money laundering still remaining?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: That will remain. Is the director of securities and market supervision gone?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: It is the existing structure.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I know.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I want to know what is going to change. We know there is a director of consumer protection at the minute. That is going.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: I will come to that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: So, will there be a director of enforcement and anti-money laundering?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: A director of enforcement of what?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: Will that fall under the deputy governor's role?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Pearse Doherty: Will there be a director of securities and markets supervision?