The reform aims to strengthen Ireland's anti-money laundering framework by: Publishing a sectoral national risk assessment of the Trust and Company Service Provider (TCSP) sector.
Increasing the number of inspections carried out of TCSPs. The introduction of legislation to implement administrative sanctions for breaches of AML/TF obligations.
The only remaining objective yet to be achieved is the enactment of legislation for the imposition of administrative sanctions which is expected to be achieved by mid 2026
- Reference
- 3,5
- Project locations
- Ireland
- Project website
- https://www.amlcompliance.ie/