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

John McGuinness: -----and they make recommendations.

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

John McGuinness: I understand that.

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

John McGuinness: Once it makes the recommendations, it is making them to the 39 member states but also to 200 other countries. Anyone else who wants the standard picks that standard.

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

John McGuinness: How is it then decided on?

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

John McGuinness: Is a set of recommendations agreed by the task force?

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

John McGuinness: Who signs off on those? Is there a political sign-off on those?

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

John McGuinness: In attending sessions twice a year, is that where ministers would accept or reject a particular part of a recommendation?

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

John McGuinness: How does one get that? Does one sit down with the Minister?

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

John McGuinness: One goes through the recommendations.

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

John McGuinness: That is what would happen. The Minister would get that recommendation-----

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

John McGuinness: -----and he or she would go through it and would then-----

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

John McGuinness: -----approve it, or not.

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

John McGuinness: Was there ever a time that the Minister did not approve one?

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

John McGuinness: Yes. We will stick to the politically exposed persons, PEPs.

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

John McGuinness: The recommendations go back to the Minister who would approve them. What goes on at these plenary sessions for ministers?

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.

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