Oireachtas Joint and Select Committees
Tuesday, 24 October 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Authorised Push Payment Fraud: Discussion (Resumed)
Mr. Ed Brophy:
The payment services directive 3, or PSD3, proposals that the EU is currently looking at will not deal with the receiving side of that. However, they deal very well with a number of the other aspects. That would be very much our focus. As I think the Deputy has said previously, and as his colleague Chris MacManus, MEP, has said, it is not something the Irish Government could not do itself. However, at the moment the focus is very much on PSD3, and ensuring it gets through and the protections for APP fraud contained in PSD3 are dealt with. That would be very much our focus within Amazon in Ireland and looking at that EU legislation.
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