Anti-money laundering (AML)

The law relating to AML in Ireland is largely contained in the following legislation and relevant statutory instruments: 

Anti-Money Laundering - Legislation  Link 
Criminal Justice (Money Laundering and Terrorist Financing)(Amendment) Act 2018  

 

Criminal Justice (Money Laundering and Terrorist Financing)(Amendment) Act 2018  

 

Criminal Justice Act 2013  

 

Criminal Justice Act 2013  

 

Criminal Justice (Money Laundering and Terrorist Financing) Act 2010Criminal Justice (Money Laundering and Terrorist Financing) Act 2010
Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 REVISED, - This is the administrative consolidated version updated to 2 December 2019 https://revisedacts.lawreform.ie/eli/2010/act/6/revised/en/html

 

 

 

The SIs most relevant relating to AML are listed below:

Statutory Instruments Link 
C19/578 European Union (Money Laundering and Terrorist Financing) Regulations 2019riminal Justice (Money Laundering and Terrorist Financing)(Amendment) Act 2018  

 

19/578 European Union (Money Laundering and Terrorist Financing) Regulations 2019

 

18/486 Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018 (Commencement) Order 201818/486 Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018 (Commencement) Order 2018
10/348 Trust or Company Service Provider (Authorisation) (Fees) Regulations 201010/348 Trust or Company Service Provider (Authorisation) (Fees) Regulations 2010
10/347 European Communities (Trust or Company Service Providers) (Temporary Authorisation) Regulations 2010  

 

10/347 European Communities (Trust or Company Service Providers) (Temporary Authorisation) Regulations 2010

 

10/343 Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (Section 31) Order 201010/343 Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (Section 31) Order 2010
10/342 Criminal Justice (Money Laundering and Terrorist Financing) 10/342 Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (Commencement) Order 2010

Other relevant information

The Institute’s Professional Standards department has issued guidance to assist and support members and it is available here.

The Central Bank of Ireland provide an explanation of both money laundering and terrorist financing on their website.

Chartered Accountants Ireland can accept no responsibility for the content on any site that is linked to from the Institute website. Links are provided in good faith for the potential support of members and students.