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NEWS: Half of Irish firms not ready for EU’s new AML rules

O'Connell Bridge in Dublin city centre

By PAUL O’DONOGHUE, Senior Correspondent

MORE than half of Ireland’s financial institutions do not expect to meet the EU’s new AML rules by next July, according to a new survey.

The survey covered more than 500 financial institutions across 40 countries. It found that only 43% of Irish firms expect to be fully compliant by July 2027. That compares with 33% across Europe, the Middle East and Africa (EMEA).

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