Having recently conducted a number of anti-money laundering, counter financing of terrorism and financial sanctions (“AML/CFT/FS”) supervisory engagements with Funds and Fund Management Companies (“Firms”), the Central Bank of Ireland (“CBI”) has published a bulletin (the “Bulletin”) which details its findings and expectations across the following key areas:

Corporate Governance;

AML/CFT/FS Business Risk Assessment;

Outsourced AML/CFT/FS Activities;

and Customer Due Diligence.

Please see full Article for more information.