Jennifer Carroll MacNeill (Dún Laoghaire, Fine Gael)
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Apologies for being late but I was also attending the Joint Committee on Gender Equality. I thank the officials for coming in. It is great to see them again. Last week, the Department of Justice was before the committee and one thing we went through was the transposition of the anti-money laundering directive, which I think was a European directive of 2015 ultimately was transposed in 2019. The State was exposed to a €2 million fine as a consequence of the two-year delay in its transposition. It was supposed to be done in 2017. The reason I raise it is twofold. First, it seemed to me that there needed to be interaction with the Department of Finance in the development of legislation to transpose the directive. What was the situation there? Will Mr. Hogan speak on that? Is there anything else we need to be concerned about in relation to delays or fines related to the transposition of directives?

I am coming to this in a slightly odd way that Mr. Hogan may not have prepared for but for my second question, is there further legislation or are there other EU directives that require transposition around money laundering? Can the Department speak on anything around that?