White-Collar Crime Review Group's report highlights the
associated risks from a financial and reputational perspective if
Ireland fails to develop an adequate legislative architecture to
combat economic crime and corruption.
As part of its
White-Collar Crime Package in 2017, the Government appointed a
multi-agency Review Group, chaired by Mr. James Hamilton, former
Director of Public Prosecutions, to report on anti-corruption and
anti-fraud structures and procedures.
The Report
The Review Group has recently published a report of its review
of criminal justice structures to combat economic crime and
corruption.
The report noted Ireland's role as "a major
international hub for financial services, with Irish based
companies administering funds valued at approximately €1.8
trillion", and its high proportion of workers engaged in
financial services and insurance activities. Accordingly, the
report emphasised the need for appropriate reforms in
