Oireachtas Joint and Select Committees

Wednesday, 20 September 2023

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

Banking Issues: Central Bank

Mr. Gabriel Makhlouf:

If you look at it in a slightly different way, it applies to the whole country in the sense that financial institutions - banks - need to apply "know your customer" rules. At one level, what the PEP rules are is just a heightened version of rules that apply to everybody.

Did the Cathaoirleach say there is a report coming from this committee?

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