Readers of our regular blog will be delighted to hear that our new Anti-Money Laundering & Terrorist Financing Policies Controls & Procedures Manual is just published and available here on our website for immediate download. This is the first available 2021 AML Manual for Accountants on the Irish market.

The Manual follows the enactment of the Criminal Justice (Money Laundering and Terrorist Financing) Acts 2010 to 2021 which has come into effect on two dates:

  • 23 April 2021 for all parts of the Act except Section 8 dealing with express trusts; and
  • 24 April 2021 – Section 8 is enacted requiring express trusts to keep a beneficial ownership register.

In future blogs we will look at various parts of the new and existing provisions of this legislation.

For more blogs please visit this link and for our publications and manuals and services click here.