Authorities say the reforms respond to increasingly sophisticated criminal networks using crypto-assets and digital tools, and form part of Ireland’s preparation for its 2028 AML evaluation.
Ireland has launched a new National Risk Assessment and a 30-point action plan aimed at strengthening its response to money laundering, terrorist financing, and proliferation financing risks. The framework identifies crypto-assets as a significant emerging vulnerability, reflecting their increasing use in complex and cross-border financial crime schemes.
The action plan introduces enhanced safeguards for digital finance, including stricter due diligence requirements when crypto-assets are used as a source of…
