Risk Assessment Partner for National and Sectoral Risk Assessments in relation to Anti-money Laundering and Counter Terrorist Financing

Tender description

Anti-money Laundering and Counter Terrorist Financing (AML/CTF) is a key priority for the Government of Ireland. The EU has adopted a risk-based approach towards ML/TF and the 4th Anti-Money Laundering Directive (4AMLD) has imposed obligations on Member States to contribute to an ongoing analysis of ML/TF risks at country-level. Ireland has an obligation under Article 7 of 4AMLD to take “appropriate steps to identify, assess, understand and mitigate the risks of money laundering and terrorist financing and to keep that risk assessment up to date”. There are also likely to be further obligations in relation to such risk assessments arising out of the forthcoming new EU AML package. Lot 1: Anti-money Laundering and Counter Terrorist Financing (AML/CTF) is a key priority for the Government of Ireland. The EU has adopted a risk-based approach towards ML/TF and the 4th Anti-Money Laundering Directive (4AMLD) has imposed obligations on Member States to contribute to an ongoing analysis of ML/TF risks at country-level. Ireland has an obligation under Article 7 of 4AMLD to take “appropriate steps to identify, assess, understand and mitigate the risks of money laundering and terrorist financing and to keep that risk assessment up to date”. There are also likely to be further obligations in relation to such risk assessments arising out of the forthcoming new EU AML package.