Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The Commission is also proposing the confirmation of pay. I have been raising this matter for over a year now. Britain already has it. I think the Netherlands already has it. It makes sense. It is just a check on the IBAN, so that if someone is sending money to a particular number, it actually is Pearse Doherty, Johnny McGuirk or whoever it is. It seems to be effective. Obviously, the Commission is proposing it. Mr. Kincaid mentioned that in his opening statement. Does he see benefit in that being introduced here prior to the Commission's implementation because the Commission's proposals could take years to implement? Would there be a benefit to implement it domestically in advance of the Commission's regulation taking effect? If so, would that require legislation?