Parliamentary Question addressed to the Minister for Communications, Energy and Natural Resources

To ask the Minister for Communications, Energy and Natural Resources the way he might respond to representations from the Irish Post Masters Union seeking an increase in the threshold where anti money laundering identification is needed in order to facilitate the sale of low value prize bonds; and if he will make a statement on the matter.
 

Reply:

I understand my colleague the Minister for Finance is exploring with the National Treasury Management Agency (NTMA) and the Minister for Justice and Equality whether or not exemptions available under the EU Directives may be applied to small value purchases of prize bonds facilitated on behalf of the State by An Post and the Prize Bond Company. I am supportive of this course of action.