AML Update: Bill transposing MLD4 published

18-05-2018

A Bill which will transpose most of the Fourth Money Laundering Directive (MLD4) into Irish law has been published by the Minister for Justice.

MLD4 was due to be transposed into Irish law by 26 June 2017. Parts of Article 30 (dealing with the beneficial ownership of corporates) were already transposed in November 2016 (read our briefing: New rules on information about the beneficial ownership of corporates by individuals). The remaining parts of the MLD4 dealing with beneficial ownership are being managed separately by the Department of Finance.

Read the full briefing here.

 

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