Money launderers face ‘unlimited’ fines

ACCOUNTANTS, art dealers and estate agents risk “unlimited” fines and a hefty jail term under new anti-money laundering rules.

Money launderers face ‘unlimited’ fines

These three businesses are among 10 professions which will be legally obliged from September 15 to inform the gardaí and the Revenue Commissioners of any suspicious financial transactions worth over 1,500 by clients.

Among the other professions are solicitors, auditors, tax advisers, investment firms as well as dealers in art, precious stones and precious metals.

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