To Russia, No Love
With the worlds of politics and business colliding, questions are being asked that go right to the core of our neutrality and our financial services sector. Is Ireland playing Russian roulette?
The Money
Jack Horgan-Jones
Minister for Finance Paschal Donohoe has a line he likes to use when he’s asked about Russian-linked IFSC companies.
Quoting a report by the Financial Action Task Force (FATF), he says that “Ireland has a sound and substantially effective regime to tackle money-laundering and terrorist financing”. Which is true – it does say that.
But the report actually says a lot more – and not all of it is ...