Money Laundering

Dáil Éireann Debate, Thursday - 18 July 2013

Thursday, 18 July 2013

Questions (144)

Róisín Shortall

Question:

144. Deputy Róisín Shortall asked the Minister for Finance further to Parliamentary Question No. 98 of 2 July 2013 the outcome of his engagement with the National Treasury Management Agency and the Department of Justice on whether or not exemptions to anti-money laundering obligations available under EU Directive may be applied to small value purchases of prize bonds; and if he will make a statement on the matter. [36588/13]

Written answers

Minister for Finance

Officials of my Department are continuing to explore with the National Treasury Management Agency (NTMA) whether or not exemptions available under the Third Money Laundering Directive (2005/60/EC) and its Implementing Directive (2006/70/EC) may be applied to small value purchases of prize bonds facilitated on behalf of the State by An Post and the Prize Bond Company.