Ireland: Money Laundering

Ireland's Department of Finance has released its third National Risk Assessment on Money Laundering, Terrorist Financing and Proliferation Financing, identifying very significant risks in retail banking, digital banking, crypto-assets, and payment institutions. The assessment is accompanied by a comprehensive 30-Point Action Plan designed to strengthen Ireland's financial crime response framework over the next 18 months through enhanced regulatory oversight, beneficial ownership transparency, and sector-spe

The Central Bank of Ireland has released its comprehensive Annual Report 2025, detailing achievements across monetary policy, financial stability, and regulatory supervision while outlining strategic priorities for 2026. Key developments include the implementation of the Consumer Protection Code 2025, enhanced operational resilience requirements, and advancing climate risk integration across the financial sector.

The European Authority for Anti-Money Laundering and Countering the Financing of Terrorism has launched a public consultation on draft regulatory technical standards that will establish harmonised requirements for group-wide AML/CFT frameworks across EU entities and their third-country operations.

Welcome to our debt capital markets update - a roundup of key Irish and EU legislative and regulatory developments shaping financial markets in Ireland.

On 9 February 2026, the EU’s new Anti-Money Laundering Authority (“AMLA”) opened a public consultation process in respect of its draft Regulatory Technical Standards on enforcement (the “RTS”).

Deputy Governor Vasileios Madouros highlighted that there may be specific challenges in accessing cash at a more local level and in that regard, members of the public can make a submission to the Central Bank if they are of the view that there is a local deficiency regarding access to cash.

On 6 March 2025, in response to a call for advice from the European Commission in relation to certain aspects of the new EU Anti Money Laundering (AML)...

The Council of the European Union has published the final compromise texts for the proposed Third Payments Services Directive (PSD3) and the new Payment Services Regulation (PSR)...

The European Union has adopted its 20th package of sanctions against Russia, introducing unprecedented measures including the first-ever activation of the EU's anti-circumvention tool and comprehensive restrictions on crypto-asset services. The package targets payment services, financial institutions, energy transport, and establishes new legal protections for EU firms while significantly expanding the scope of entities and vessels subject to sanctions.