S.I. No. 445/2022 - European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) (Amendment) Regulations 2022 (2022_si_445) | IE

ISB SI

Reg. 1 S.I. No. 445/2022 - European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) (Amendment) Regulations 2022 Open official source

1. These Regulations may be cited as the European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) (Amendment) Regulations 2022.

Definition

ISB SI

Reg. 2 S.I. No. 445/2022 - European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) (Amendment) Regulations 2022 Open official source

2. In these Regulations, “Principal Regulations” means the European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) Regulations 2022 (

S.I. No. 46 of 2022

).

Amendment of Regulation 4 of Principal Regulations

ISB SI

Reg. 3 S.I. No. 445/2022 - European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) (Amendment) Regulations 2022 Open official source

3. The Principal Regulations are amended, in Regulation 4, by the insertion of the following paragraph after paragraph (3)

“(4) In paragraph (1), a reference to an account or a safe-deposit box is a reference to an account or a safe-deposit box, as the case may be, held by a credit institution on or after 3 February 2022.”.

Amendment of Regulation 5 of Principal Regulations

ISB SI

Reg. 4 S.I. No. 445/2022 - European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) (Amendment) Regulations 2022 Open official source

4. The Principal Regulations are amended, in Regulation 5, by the substitution of the following paragraph for paragraph (b)

“(b) in respect of the beneficial owner of the customer-account holder—

(i) forename and surname,

(ii) date of birth, and

(iii) address (including Eircode, if known);”.

GIVEN under my Official Seal,

6 September, 2022.

PASCHAL DONOHOE,

Minister for Finance.

1 OJ No. L. 141, 05.06.2015, p. 73.

2 OJ No. L. 156, 19.06.2018, p. 43.

ISB SI

Preamble S.I. No. 445/2022 - European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) (Amendment) Regulations 2022 Open official source

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of

13

th September,

2022.

I, PASCHAL DONOHOE, Minister for Finance, in exercise of the powers conferred on me by

section 3

of the

European Communities Act 1972

(No. 27 of 1972) and for the purpose of giving further effect to Directive (EU) 2015/849 of the European Parliament and Council of 20 May 2015

1

, as amended by Directive (EU) 2018/843 of the European Parliament and Council of 30 May 2018

2

, hereby make the following regulations

Citation

S.I. No. 445/2022 - European Union (Anti-Money Laundering: Central Mechanism for Information on Safe-Deposit Boxes and Bank and Payment Accounts) (Amendment) Regulations 2022

Statutory Text (5 Articles)

Need to analyze how this provision applies to your matter?