Oireachtas Joint and Select Committees
Wednesday, 5 October 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Politically Exposed Persons: Discussion
Jim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source
Looking at the research document produced by the Oireachtas Library and Research Service, I have not had any personal difficulties in terms of being a PEP, but one of the issues raised by some individuals is that their children who are involved in banking arrangements or looking for loans have been questioned as to whether or not they are the child of a PEP. I would have thought, from the perspective of those children, that it would be fairer if there was certainly brought to this, so that people know when they are becoming customers of a bank that they have to fill out a specific form as to whether or not they are the child of a PEP which, under law, they are required to be categorised as. Would Mr. Bruen agree with that?
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