Mr. Brendan Bruen:

I fully understand the point. From the perspective of this Bill, we want to ensure that where sanctions are agreed among the 27 and they are determined, they should apply properly. It is certainly not the end point in terms of what the substance of those sanctions is and the consistency, or why they are applied or how they are determined. For us, what we can do is what is in front of us, which is ensure that when they are put in place, they work, and there is an effective mechanism to ensure that we are abiding by them and that we are not providing an opportunity or soft touch or a jurisdiction that people choose to put assets in, and that the gardaí and the competent authorities here have the powers they need to ensure that they observe them. That is the beginning and the end of where this Bill is.

I appreciate it does not speak to why those sanctions are what they are. We can only do the part that is in front of us.