Real estate sector risk assessment

Solicitors who conduct conveyancing transactions are being asked for their cooperation with an important project that is being undertaken by the Government’s Anti-Money Laundering Steering Committee.

The Anti-Money Laundering Steering Committee has commissioned Grant Thornton Ireland to carry out a risk assessment of Ireland’s Real Estate sector, including conveyancing services, as part of a National Risk Assessment for money laundering and terrorist financing.

Grant Thornton request responses to a voluntary, anonymous questionnaire which will help the Anti-Money Laundering Steering Committee to assess the risk to the Real Estate sector, and inform how Ireland can combat the abuse of the sector for money laundering and terrorist financing.

They are asking solicitors to complete the questionnaire using the secure link provided before Friday, 16th May. If you have any questions in relation to the questionnaire, please email NRA@ie.gt.com.

• Access the survey

Thanks to those of you that have completed the survey to assist in the work to revise Ireland’s National Risk Assessment of Money Laundering and Terrorist Financing. Some responders have noted that they are being asked to complete contact details on the final page. As this is an anonymous survey, please feel free to add in “N/A” or equivalent in these fields prior to submission.