Irish Regulation

Money Laundering Reporting Officer

Kroll can assist your Fund by acting as MLRO.

Contact us

Explore Financial Services Compliance and Regulation

/en/services/financial-services-compliance-and-regulation/european-compliance-services/irish-regulation/money-laundering-reporting-officer service

The Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 requires Irish authorized funds to have detailed policy and procedures in place to prevent money laundering and terrorist financing. A Money Laundering Reporting Officer (“MLRO”) also needs to be appointed by the Fund to communicate reports of suspicious transactions of the Fund to the Garda Síochána Financial Intelligence Unit (“FIU”) and the Revenue Commissioners.

As MLRO, Kroll acts as a liaison between the Fund and the FIU/Revenue Commissioners in respect of suspicious transaction reports. Our experienced personnel will receive reporting on suspicious activity, assess the information provided, determine whether or not a suspicious transaction report is to be made to the FIU/ Revenue Commissioners and maintain a register of all suspicious transaction reports. 

See all servicesStay Ahead with Kroll

Valuation

Valuation of businesses, assets and alternative investments for financial reporting, tax and other purposes.

Compliance and Regulation

End-to-end governance, advisory and monitorship solutions to detect, mitigate and remediate security, legal, compliance and regulatory risk.

Corporate Finance and Restructuring

Middle Market M&A, Strategic Advisory, Debt Advisory and Private Capital Markets, Restructuring and Insolvency Services, Financial Due Diligence, Fairness Opinions, Solvency Opinions and ESOP/ERISA Advisory.

Cyber Risk

Incident response, digital forensics, breach notification, managed detection services, penetration testing, cyber assessments and advisory.

Environmental, Social and Governance

Advisory and technology solutions, including policies and procedures, screening and due diligence, disclosures and reporting and investigations, value creation, and monitoring.

Investigations and Disputes

World-wide expert services and tech-enabled advisory through all stages of diligence, forensic investigation, litigation, disputes and testimony.

Business Services

Expert provider of complex administrative solutions for capital events globally. Our services include claims and noticing administration, debt restructuring and liability management services, agency and trustee services and more.