IDSA (Irish Debt Securities Association)

Lobbying Organisation IDSA (Irish Debt Securities Association)

Date published 20 May, 2020

Relevant Matter Legislation

Public Policy Area Finance

Period 1 Jan, 2020 to 30 Apr, 2020

Specific Details The anticipated SI to implement the requirement to have in place a register of beneficial ownership of express trusts as per the 5th Anti-Money Laundering Directive

Intended results To raise for discussion and consideration the appropriateness of certain incidental trusts in the scope of the SI.

Name of person primarily responsible for lobbying on this activity Gary Palmer

Did any Designated Public Official(DPO) or former Designated Public Official(DPO) carry out lobbying activities on your behalf in relation to this return? You must include yourself, and answer Yes, if you are a current DPO or a DPO at any time in the past. (What is a Designated Public Official?) No

Did you manage or direct a grassroots campaign? No

Was this lobbying done on behalf of a client? No

Lobbying activity

The following activities occurred for this specific Subject Matter Area.

Meeting (1)

Attended meeting in the Department of Finance together with a number of industry colleagues and other industry bodies to consider the time frame and scope of the SI to implement the register of beneficial ownership of express trusts.

Designated public officials lobbied

The following DPOs were lobbied during this return period on this specific Subject Matter Area. These DPOs were involved in at least one of the Lobbying Activities listed above, but not necessarily all of them. As returns are specific to a Subject Matter Area the above Lobbying Activities may be associated with multiple returns.

Michael J. McGrath Assistant Secretary (Department of Finance)