Results 2,401-2,420 of 6,627 for speaker:Rose Conway-Walsh
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: Is Mr. Kincaid saying France has an economic crime strategy? Who leads such strategies in other countries? Have we a model to go on?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: I am trying to get at who leads it.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: The central bank in France. If the strategy is led by the central bank in France, why should the Central Bank of Ireland not be leading it here?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: I am trying to know more about who pulls all this together. Mr. Kincaid is saying the central bank in France pulls it all together. I am trying to be clear on why the Irish Central Bank would not do something similar if it works.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: In France, do the authorities engage with the social media companies? What does that engagement look like?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: It is very hard to have a crime strategy without having the social media companies involved.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: What is the Irish Central Bank not doing that is being done by central banks in other countries? What does the Irish Central Bank aspire to do to fill the gaps?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: Is there a wider remit for the Central Bank? As this evolves, will the Central Bank continue to do what it is doing or is there something wider it can do, given the resources?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: Is Mr. Kincaid concerned-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: Is Mr. Kincaid concerned about the lack of urgency from the Government in dealing with it and in having that economic statute, especially with the advances in artificial intelligence, AI, and the possibilities around the expansion of fraud as AI develops?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: The Central Bank has communicated the urgency of all this to the Department of Finance and the Government.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: I am concerned about the lack of urgency because we are slow with this. We are not ahead of the curve.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: Does the Central Bank have capacity to use AI in a positive way? As Mr. Casey said, it will take some of the work out, but personnel are needed to do the human side, once the information is available. That is why we need a co-ordinated strategy. When we have the fuller and quicker information, what do we do with it and how do we ensure we use it in a co-ordinated way to protect consumers?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: On that, Mr. Casey correctly stated that the Central Bank has repeated its expectations of the firms it regulates as regards effective measures to mitigate the risk of fraud. They must be proactive in identifying and dealing with cases of fraud and engaging effectively with consumers. How does the Central Bank measure that? If firms do not do so, are there sanctions? What measurement does...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: How does the Central Bank satisfy itself that there is uniformity in the implementation of its expectations?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: Does that not pick up the differences in how the banks are reporting to An Garda Síochána? I am trying to get at the uniformity of approach in reporting and data.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: If the banks do not do that, as we have found, what does the Central Bank do?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: The Central Bank would be aware of it from the committee, in terms of the responses we have received from the banks that there is an inconsistency there, so that gives rise to the Central Bank going to those banks telling them what it expects them to do.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: It is the Central Bank's responsibility to ensure they do fulfil those expectations. We talk about AI but we do not have a shared fraud database to combat fraud. Britain has the shared fraud database while the Netherlands has the Transaction Monitoring Netherlands initiative, which maps the networks of the linked fraudulent accounts. Has the Central Bank had contact with the Department of...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Authorised Push Payment Fraud: Central Bank of Ireland (12 Jul 2023)
Rose Conway-Walsh: The Central Bank must be concerned or at least disappointed about the lack of urgency around establishing the shared database.