Ireland: Money Laundering Provisions Come into Effect

Abstract

On 2nd May, 1995 the provisions of the Criminal Justice Act 1994 (the Act), which contain the Irish rules to combat money laundering, came fully into effect. The rules reflected the obligations of the Irish Government pursuant to the European Union Council Directive 91/308/EEC on the Prevention of the Use of the Financial System for the Purpose of Money Laundering (the Directive). As required by the provisions of the Directive, the Act:

Citation

Moran, J.A. (1995), "Ireland: Money Laundering Provisions Come into Effect", Journal of Financial Crime, Vol. 3 No. 2, pp. 211-213. https://doi.org/10.1108/eb025713