Oireachtas Joint and Select Committees

Wednesday, 5 October 2022

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Politically Exposed Persons: Discussion

Mr. Brendan Bruen:

Yes. It is slightly tricky in that, while the fourth directive replaced the third directive, the third directive was transposed by the 2010 Act and that, in order to transpose the fourth directive, we did not replace the 2010 Act but, rather, amended it. The 2010 Act is therefore the primary legislation on PEPs.

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