Tag Archives: Sections 6 and 7 Criminal Justice (Money Laundering and Terrorist Financing) Acts 2010 to 2021

High Value Goods Dealers

High Value Goods Dealers (HVGDs) are businesses involved in the sale of goods of high value where the trader accepts cash payments of €10,000 (the current ‘high value’ threshold) either in one transaction or a series of linked transactions. Examples of these businesses include jewellers, antique dealers, boat and car sales and dealers in precious… Read More

Illegal Waste Disposal

Question from a firm – During the audit of a waste disposal company it has been drawn to my attention by the Audit Senior that the company has not renewed its waste disposal licence which is not a material amount. Is this something that we need to act upon? Answer – ‘Money laundering’ is defined… Read More