Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

The advice received from my officials at this point is that the best way of addressing this issue is through the review the European Commission is undertaking of PSD2, which it is expected will result in a new legislative proposal to bring forward PSD3.

The Deputy has raised a valid point. I acknowledge that there is a gap here for the people who are directly affected. It is not provided for currently within PSD2. I will continue to work with my officials to find a way of ensuring that people who are affected by APP fraud can be protected and I will work with the Deputy on that.

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