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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: In relation to what, sorry?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Has the Minister for Finance, Deputy Donohoe, attended all of those plenary sessions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: We are talking about two plenaries a year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Is the plenary in Washington DC?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: What I am trying to clarify here is that the two standing plenaries per year are attended occasionally by ministers and, in particular, heads of delegations, such as Ms McVeigh.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Decisions are taken at those plenaries.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: What happens at the Washington DC one?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Is that a separate one once a year?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: They are not dealing with the micro end of it but are dealing with more the macro.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Is that plenary attended by the Minister separate from the two Ms McVeigh described?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: There is a ministerial meeting once a year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: That is generally attended by ministers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: I am sorry. Is it attended by our Minister?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Okay. Take me through how we move from there to an EU directive.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Okay, so the directive is arrived at in that way. When does it get approved by elected Members of Parliament?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: In the trilogues.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Where is the input before that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Okay. That is fine. I just wanted to get to where we are at with all this stuff. Then there is the legislation, which we will take as a given. These directives are then transposed into legislation and that is how we arrived at the PEPs.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: When you are a PEP, then comes the definition Deputy Jim O'Callaghan asked for. The question arose in some of these meetings - do not ask me which layer it came up at - but certain civil servants were excluded from being considered as PEPs. It is in the minutes of those meetings. It was civil servants who made the decision around that. If I wanted to found out how that arose, why it arose...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Politically Exposed Persons: Discussion (5 Oct 2022)

John McGuinness: Will you check?

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