Ireland faces “inherent money-laundering risks” due to its internationally focused economy and the use of “special purpose” legal structures to move money in and out of the country, according to the European Commission.
In its annual assessment of member states, the Commission said Ireland’s large and growing non-bank financial sector deserved “close attention” and that professional service providers to companies and trusts had an “incomplete understanding of risk exposure to money-laundering”...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team