Ireland: Registration requirement for virtual asset service providers in Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021
Progress
Current status
adopted
23 Apr 2021 adopted
Scope
Implementers
Ireland
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Adoption of Money Laundering and Terrorist Financing (Amendment) Act 2021 introducing registration requirement for Virtual Asset Service Providers
The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2021, implementing EU Directive 2018/843, is adopted. It requires virtual asset service providers to register with the Central Bank for AML/CFT purposes.
Event type
law
Action type
adoption
Government branch
legislature
Government body
parliament