Oireachtas Joint and Select Committees
Wednesday, 21 September 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Issues: Discussion (Resumed)
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I have just briefed the Deputy on what we have done. Regardless of the level of change happening, where accounts are held and in which banks they are held, we are bringing forward the payment services directive, which we played a part in negotiating within the European Union. We will implement it at the start of next year, in January 2023. This is all about improving the security of customer information to prevent the crime the Deputy refers to. That is the focus of our efforts.
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