Oireachtas Joint and Select Committees

Wednesday, 5 October 2022

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

Politically Exposed Persons: Discussion

Ms Brenda McVeigh:

It would be in relation to FATF recommendations or new proposals. A lot of the time what happens at plenary is that a particular country would be getting assessed on its anti-money laundering, AML, framework and members would be asked to decide based on FATF's findings and on peer assessment findings whether or not we all agree that a country has or has not met deficiencies in its framework. A large part of what plenary does is look at a countries' AML framework.

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