Oireachtas Joint and Select Committees

Wednesday, 5 October 2022

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

Politically Exposed Persons: Discussion

Mr. Brendan Bruen:

I completely understand the point. There is nothing in the directive or the 2010 Act that provides a basis for a bank or another designated person to refuse to do a transaction based on somebody being a PEP. That is very well established.