Seanad debates

Monday, 8 February 2021

Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2020: Committee Stage

 

10:30 am

Photo of Robbie GallagherRobbie Gallagher (Fianna Fail) | Oireachtas source

I too will be brief bearing in mind the clock is ticking and that we have to conclude at 3.05 p.m. I wish to acknowledge the contribution of Senator McDowell. As on Second Stage, his contribution went some way to educating me in respect of the far-reaching extent of this legislation. I was smiling to myself when I heard the Senator use the phrase "nonsense on stilts". That sums up much of what we are talking about. Senator Bacik talked about overreach and excessive provisions and I agree wholeheartedly with all those comments.

Most reasonable individuals who have listened to this debate will clearly see that this is far-reaching and excessive, to put it mildly. I look forward to the response of the Minister of State. The fact is that this is an EU directive.What flexibility do we have to take on board and act upon the common sense proposals that have been made this afternoon?

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