ARTICLE · 27 MAY 2021

AML – What's Changed – What's Proposed?

Matheson

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Below is an outline of the areas covered in his speech, please note that this is not a transcript of his speech and should not be viewed as such.

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Claire Scannell

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On 30 March 2021, the Financial Institutions Group held a webinar entitled " AML - what's changed - what's proposed?". Professional Support Lawyer, Claire Scannell hosted a panel discussion with partners Joe Beashel, Louise Dobbyn and senior associate, Ian O Mara, covering topics such as the recent Dear CEO Letter to Schedule 2 Firms, some of the key provisions of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2021 and the recently revised European Banking Authority ("EBA") Risk Guidelines.

The Matheson team were then joined by Tommy Hannafin, Head of the Anti-Money Laundering Division at the Central Bank of Ireland ("Central Bank") who delivered a very informative and comprehensive speech on recent and future AML developments at an Irish and European level. Below is an outline of the areas covered in his speech, please note that this is not a transcript of his speech and should not be viewed as such.

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