Dáil Éireann Debate, Wednesday - 28 September 2011
126 Deputy Catherine Murphy asked the Minister for Justice and Equality if he is considering regulating the cash for gold industry; if not, if he is satisfied with the compliance culture surrounding high value goods by these outlets; if he plans to change the way it will proceed; and if he will make a statement on the matter. [26561/11]
Amharc ar fhreagraMy Department is currently finalising a report on the "Cash for Gold" trade and I can inform the Deputy that this report will be submitted to me shortly for consideration. Following consideration of the report I will make an assessment as to what, if any, action, legislative or otherwise, may be required. I will, in due course, make known the report's findings and any proposals which may arise.
My Department, in compiling the report, has been in close contact with the Commissioner of An Garda Síochána with a view to monitoring the position. I can inform the Deputy that the Commissioner has reported that all "Cash for Gold" premises in the State have been visited by An Garda Síochána and the operators of such premises have been made aware of their responsibilities and obligations with regard to purchasing gold and jewellery. In addition, I have been informed that contact information has been provided to "Cash for Gold" operators by An Garda Síochána which will facilitate the reporting of any suspicious activity. The Commissioner has also indicated that any new "Cash for Gold" premises that may be identified will be visited by An Garda Síochána.
