Oireachtas Joint and Select Committees
Wednesday, 12 July 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Authorised Push Payment Fraud: Central Bank of Ireland
Mr. Colm Kincaid:
We want to see progress made. Our primary interface with Departments is with the Department of Finance. That is our day-to-day engagement. On occasion, we engage proactively with other Departments. As Mr. Casey outlined, work by the Department of Justice is under way. We want to see that work progress but it is under way. In our work through the European Banking Authority, we have been part of making the recommendations to the Commission, which now include recommendations for reform at EU level to enable clarity around the ability to share fraud-related information under the GDPR. The Deputy's question concerned proactivity and how we are expressing our views. We have engagements with the Department of Finance and have been engaged at European level through the European Banking Authority.