Results 841-860 of 1,096,065 for in 'Dáil debates' OR (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:Claire Kerrane OR speaker:Peadar Tóibín OR speaker:Colm Burke OR speaker:Francis Noel Duffy OR speaker:Charlie McConalogue OR speaker:Richard Bruton6 OR speaker:Gary Gannon OR speaker:Cian O'Callaghan OR speaker:Brian Leddin OR speaker:Noel Grealish OR speaker:Emer Higgins OR speaker:John McGuinness OR speaker:Dara Calleary OR speaker:Peter Burke OR speaker:James Browne) in 'Committee meetings'
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: I am chairing the meeting, not you. If you have a question, please ask it.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: Deputy Tóibín was first with 19 minutes. Deputy Boyd Barrett had 20 minutes. That is to make sure members understand I am a fair Chairman.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: Deputy Conway-Walsh has switched her time with Deputy Doherty. I call Deputy Doherty.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Peadar Tóibín: I have two final questions. I understand that there are still some 60,000 mortgage holders paying inflated rates on their mortgages because they are with vulture funds. What can be done to help those people? We mentioned the bubble and the banking crisis that happened some 15 or 20 years ago. One of the ways credit has increased in the Irish housing sector has been through international...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
Peadar Tóibín: I ask Mr. Madouros to provide an outline in writing to the committee of what those measures are.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: Can the Governor respond?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: To Deputy Doherty's----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: Going back to the opening statement, which is very comprehensive, there are a number of issues. The statement mentions the work the Central Bank is doing which is aimed at serving the public interest and protecting consumers and financial services. That has been discussed throughout this meeting. This committee is currently dealing with the Department with regard to the wind-up of IBRC and...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: I am not asking that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: I am not asking that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: I accept that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: When someone comes to me, however, and alleges fraud and other activities, which may be bordering on criminal, I expect the Central Bank to look at that, in an overall sense relevant to the entity. While the entity may be changing and moving, the receiver is still there. I am not satisfied at all that the Central Bank, in this case any way, is serving that particular public interest. If it...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: I do, yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: I am not happy at all that the State can plough its way through the life of a family or families, as the case might be. I am not happy at all with it. I am not happy with the response received, with the IBRC or the receiver. There was sharp practice. I certainly wish for this matter to be examined. I will produce the paperwork and send it to the Central Bank.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: A lot has been said about consumer protection. Deputy Durkan raised the matter in the context of vulture funds. He is perfectly right. Vulture funds and banks have moved back to an old position. I dealt with one bank today. I have to say that banks are not as engaging as they used to be in sorting out issues for costumers. They generally reach for the standard letter telling people to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: Yes, I have noticed a shift backwards. I find the banks' behaviour appalling. Deputy Durkan is right; vulture funds are shocking in the way they treat people. When they contact me to query me on a particular file which I may not have with me at the time, they will then write to me to say I am not co-operating with them. I do not walk around with 20 files under my arm waiting for one of...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: A cash centre.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: How will that be funded? Will it be funded directly from the Department?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)
John McGuinness: Central Bank funding comes from the banks. Is that right?