Charles Flanagan (Laois, Fine Gael) | Oireachtas source

These are technical amendments, which relate to the conditions under which a designated person can rely on a third party to carry out anti-money laundering measures on his or her behalf. There is currently a requirement that the person be satisfied that the third party will provide him or her with appropriate documentation and relevant information. These amendments clarify that it is not necessary if certain circumstances apply, including that the person and third party are part of the same group. I point Deputies to Article 28 of the directive, with which the proposal is in accord.

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