Dáil Éireann Debate, Tuesday - 6 October 2020
605. Deputy Catherine Connolly asked the Minister for Justice the cost to her Department to date of all fines paid by Ireland for non-transposition of EU directives into Irish law; the breakdown, by directive of the lump sum cost and the daily cost of each fine; and if she will make a statement on the matter. [26679/20]
Amharc ar fhreagraI wish to inform the Deputy that there has been one lump sum fine imposed on my Department by the European Court of Justice (ECJ). This was in relation to the infringement on Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing.
On 16 July 2020, the ECJ imposed a €2 million lump sum fine for failing to transpose the Directive. The Court accepted that the Directive has now been fully transposed by Ireland.
