Neale Richmond (Dublin Rathdown, Fine Gael) | Oireachtas source

I agree with the Commissioner. For the member state she knows best, there is a great role for the complementary approach to the City of London as opposed to the competitive. My second area is tentatively related but the Commissioner referred to it in her remarks on money laundering and combating the efforts of organised crime and dissident terrorists when it comes to cryptocurrencies and other areas. Will she touch on the legislative responsibilities of member states? This State has had difficulty in transposing directives into domestic legislation. We had a debate in the Dáil before the summer recess in this area. There is scope for co-operation and co-ordination, not just between member states, but by increasing the EU approach. The Commissioner mentioned Europol. Brexit will present a challenge in this area. I know we are starting to move away from her direct responsibility into the area of justice and home affairs when it comes to transferring of assets, cash and cryptocurrencies around the EU between nefarious organisations. We saw an impressively large money fraud operation operating from Romania broken up in Donegal a matter of weeks ago through co-operation of An Garda Síochána with all the agencies of the EU and member states. It is a great challenge but the EU needs an enhanced role. Does the Commissioner have any thoughts on that?