The Department of Finance is seeking views in relation to the Member State discretions set out in the Directive on the Prevention of the use of the Financial System for the Purposes of Money Laundering or Terrorist Financing (4th Anti-Money Laundering Directive) and the Regulation on Information Accompanying Transfers of Funds (FTR).  The Member State discretions refer to (i) exempting gambling services on proof of low risk; (ii) allowing obliged entities not to apply certain CDD measures in relation to e-money; (iii) beneficial ownership register of corporates and trusts; (iv) allowing obliged entities to mitigate risk through group structures; and (v) requiring ‘Central Contact Points’ to be appointed. In relation to the Funds, the consultation seeks views on the discretion to exclude certain types of payments from scope of the FTR.