Guidance notes relating to The Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (“the Act”) are at an advanced stage of development and will appear on this page once finalised.
The following are the latest drafts of the Guidance Notes:
Guidance notes which applied until the repeal on 15 July 2010 of the relevant provisions of the Criminal Justice Act 1994
These guidance notes (with the exception of the DFIA guidance for the Funds Industry) were issued with the approval of the Money Laundering Steering Committee established under the aegis of the Department of Finance to oversee the issue of guidelines.
The notes contain recommendations as to good practice but did not constitute a legal interpretation of the Criminal Justice Act 1994.
The Criminal Justice Act 1994 was amended by the Criminal Justice (Terrorist Offences Act, 2005) to require designated bodies to use similar prevention measures and reporting procedures to prevent the financing of terrorism.