Ireland's Implementation Plan To Tackle Economic Crime And Corruption

The Irish Government has recently published its Implementation Plan in respect of its review of structures and strategies to prevent, investigate and penalise economic crime and corruption.

Separately, the Joint Committee on Enterprise, Trade and Employment also published its report on the draft General Scheme of Companies (Corporate Enforcement Authority) Bill 2018. This is a further step towards the passing of new legislation to set up an independent Corporate Enforcement Authority which is intended to replace the existing Office of the Director of Corporate Enforcement.

The Implementation Plan follows on from the recommendations in the Report of the Review Group on Anti-Fraud and Anti-Corruption from December 2020 (the "Hamilton Report") and is part of the Irish Government's "White Collar Crime package" of measures to enhance Ireland's ability to combat corporate, economic and regulatory crime, which was originally published in November 2017.