Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2020

Plain-English summary AI · claude-haiku-4-5-20251001

• Updates anti-money laundering and counter-terrorist financing rules to comply with EU Directive 2018/843, strengthening financial system safeguards.
• Amends the 2010 Act to implement stricter EU standards on preventing criminals and terrorists from using financial institutions.
• Aligns Irish law with updated EU directives on insurance and banking supervision related to financial crime prevention.

Stage timeline

1. First Stage 33rd Dáil

   8 Sep 2020
2. Second Stage 33rd Dáil

   23 Sep 2020
3. Committee Stage 33rd Dáil

   23 Sep 2020
4. Report Stage 33rd Dáil

   17 Dec 2020
5. Fifth Stage 33rd Dáil

   17 Dec 2020
6. Second Stage 26th Seanad

   17 Dec 2020
7. Committee Stage 26th Seanad

   1 Feb 2021
8. Report Stage 26th Seanad

   8 Feb 2021
9. Fifth Stage 26th Seanad

   15 Feb 2021
10. Cream List 33rd Dáil

    11 Mar 2021
11. Enacted

    18 Mar 2021