Survey to assess AML risks to property sector
Solicitors who conduct conveyancing transactions are being asked to co-operate with a project being undertaken by the Government’s Anti-Money Laundering Steering Committee.
The committee has commissioned Grant Thornton Ireland to carry out a risk assessment of Ireland’s property sector – including conveyancing services – as part of a national risk assessment for money-laundering and terrorist-financing.
Grant Thornton is asking for responses to the voluntary, anonymous questionnaire, which will help the Government committee to assess the risk to the property sector and find ways of combatting the abuse of the sector for money-laundering and terrorist-financing.
The firm is asking solicitors to complete the questionnaire using the secure link before Friday 16 May.
Any questions about the questionnaire can be sent to NRA@ie.gt.com.