Dáil Éireann Debate, Tuesday - 8 April 2014
465. Deputy Clare Daly asked the Minister for Justice and Equality further to Parliamentary Question No. 445, the number of private member gaming clubs and high value cash trading operations that are supervised by the AML unit of his Department in addition to the list of entities previously provided; and if an organisation (details supplied) is registered with or supervised by his Department. [16681/14]
View answerThere are currently 40 private member gaming clubs registered by my Department under the provisions of Section 109 of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 as amended.
With regard to high value goods dealers the Deputy will appreciate that this sector is quite diverse and includes such businesses as antique dealers, boat and car sales businesses, farm machinery traders and jewellers. Under section 25(1) of the 2010 Act, a high value goods dealer is any person trading in goods, but only in respect of transactions involving payments of a total of at least €15,000 (whether in one transaction or in a series of linked transactions).
I can inform the Deputy that the Anti-Money Laundering Compliance Unit has a record of approximately 2,000 businesses in the high value goods dealer sector and approximately 1,000 inspections have been carried out by authorised officers in the sector since 2011.
In relation to the organisation to which the deputy refers in the details supplied I understand there is no such organisation registered or supervised in my Department.
