I presume the Deputy is referring to the Contingent Reimbursement Model operating the UK. It is a voluntary code that sets out consumer protection standards to reduce APP scams. Information on the internet indicates that signatory firms commit to procedures to detect, prevent and respond to APP scams, prevention of accounts being used to launder the proceeds of APP scams, and reimbursing customers who are not to blame for the success of a scam. According to the website of the Lending Standards Board, which describes itself as a self-regulatory body for the banking and lending industry in the UK, there are currently eight signatories (plus their subsidiaries) and the entity referred to by the Deputy is not listed as a signatory. The CRM is a UK initiative so it has no applicability to the Irish or wider EU jurisdiction.
Revolut Bank UAB is authorised by the Bank of Lithuania in the Republic of Lithuania and provides services in Ireland on a cross-border basis.