The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018
Thu Jan 31 2019
The primary purpose of the Act is to amend the 2010 Act, and to transpose the 4th Money Laundering Directive and to give effect to the recommendations of the Financial Action Task Force. It imposes obligations relating to assessing the risks of money laundering and terrorist financing; putting policies in place to mitigate that risk; and carrying out customer due diligence measures.
Please see Brokers Ireland AML Summary of the 4th Directive and Brokers Ireland Guidance Document on the Compliance Section of our website.
|Please note that while every effort has been made to be accurate in compiling advice, the advice is not to be relied upon as legal advice and specific independent legal advice should be sought in all cases.|