Results 881-900 of 1,107,618 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Pádraig Mac Lochlainn OR speaker:Mary Butler OR speaker:Martin Kenny OR speaker:James O'Connor OR speaker:Donnchadh Ó Laoghaire OR speaker:Dessie Ellis OR speaker:Pearse Doherty OR speaker:Aengus Ó Snodaigh OR speaker:Pippa Hackett OR speaker:Chris Andrews OR speaker:Seán Canney OR speaker:Chris Andrews6 OR speaker:Robert Troy OR speaker:Alan Kelly OR speaker:John McGuinness OR speaker:Aengus Ó Snodaigh3 OR speaker:Danny Healy-Rae OR speaker:Marc MacSharry OR speaker:Aengus Ó Snodaigh20)

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: I welcome what Mr. Makhlouf has said and I would not expect him to say anything else bar to take what I have said in a serious way, which he has acknowledged, and to go back and look at this and look at what is in the regulation and whether there is a way not to have Ireland as a home country selling these war bonds. I have made my point strongly and often in relation to this. I argue that...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: But is the directorate gone? I am looking at the structure of the Central Bank of Ireland.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

Pearse Doherty: We have a deputy governor of consumer protection at the minute and we have a director. We have a unit of consumer protection. When whistleblowers came to me about money lending, I knew who to go to. I went to the directorate of consumer protection and I sat down to meet them. When we want to talk about defective blocks we can go to the director of consumer protection. Is it 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: Did the director of banking have no responsibility for consumer protection up until now?

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?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Engagement with the Central Bank of Ireland (9 Oct 2024)

John McGuinness: We will not have issues like those at the children's hospital in respect of the safe house for the cash. I presume teams of professionals will be working to ensure value for money and all of that.