Oireachtas Joint and Select Committees

Wednesday, 28 June 2023

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

Authorised Push Payments Fraud: Discussion (Resumed)

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Okay. The point here with PSD2 is that it dealt with unauthorised push payments and it was a maximum harmonisation measure, meaning you cannot go beyond it and you have to do what is in the directive. Authorised push payments are different. The directive is silent on these. It does not deal with them. There is no directive on authorised push payments. There is no maximum harmonisation in terms of authorised push payments and that is what the Commissioner explains in her response to my colleague.

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