Blog
NEWS & UPDATES
Don’t Be a Money Mule
The term money mule refers to the transfer of illegally obtained funds between bank accounts on behalf of others....
Challenges for Auditors During the Pandemic – Part 3
This is our third and final blog about the results of audit monitoring inspections during the Pandemic. In Part 2 last...
Challenges for Auditors During the Pandemic – Part 2
This is Part 2 of our series of three blogs about the impact that the Coronavirus (COVID-19) is having on evidencing...
Challenges for Auditors During the Pandemic – Part 1
The Coronavirus (COVID-19) has caused auditors to develop new techniques in carrying out their audit work, mainly...
Common Issues Arising on AML Monitoring Visits
The various professional bodies are ramping up their anti-money laundering (AML) inspection regime, as there is more...
ODCE Annual Report 2020
The Office of the Director of Corporate Enforcement (ODCE) recently published their Annual Report for 2020. The...
In excess of 100 companies registered at Dublin family home
A recent article by the Independent revealed that a Rathfarnham family home address had been used in the registration...
The New AML Regulator for Europe
The European Union has for some time, been trying to work out how best to combat financial crime that impacts EU...
Beneficial Ownership – more consistency needed in the EU
In a May 2021 report by Transparency International (TI) called ‘Access Denied? Availability and Accessibility of...
Low Levels of Suspicious Transaction Reports
According to statistics quoted by Chartered Accountants Ireland recently, there are over 2,100 entities registered to...
Oops Non-Compliance
In last week’s blog we alerted readers to the first of the two types of anomaly that ‘designated persons’ are obliged...
Don’t tell me about Discrepancies
In last week’s blog we alerted readers to the two types of anomaly that can occur on the Register of Beneficial...
