On 18 June 2026, the Tánaiste and Minister for Finance Simon Harris and the Minister for Justice, Home Affairs and Migration Jim O’ Callaghan launched Ireland’s National Risk Assessment on Money Laundering, Terrorist Financing and Proliferation Financing together with a new 30‑Point Action Plan designed to strengthen the State’s response to financial crime.
Solicitors, as designated persons under AML legislation, are obliged to take into consideration both the NRA and guidance from the Law Society when carrying out or reviewing their firm’s Business Risk Assessment.
This Assessment identifies a range of evolving threats facing Ireland, including increasingly sophisticated fraud, the misuse of crypto-assets, emerging technological risks, terrorist financing concerns and vulnerabilities associated with global financial networks.
The accompanying Priority Actions Implementation Plan contains 30 practical measures focused on protecting people, supporting law enforcement, tackling emerging threats, strengthening oversight and improving cooperation across Government and society.
