DARRAGH O'BRIEN TD
  • HOME
  • About Darragh
  • News
  • Parliamentary Questions
    • Housing, Planning & Local Government PQ's
    • School PQs
    • Foreign Affairs PQS
    • Oral Questions
  • Newsletters
  • Videos
  • PHOTOS
  • FIANNA FAIL
  • CONTACT
  • DATA Protection Statement

Parliamentary Questions

Best practise in the OECD in relation to investor programmes

7/11/2019

 
QUESTION

To ask the Minister for Justice and Equality the steps he has taken to ensure the immigrant investor programme adheres to best practise in the OECD in relation to investor programmes in relation to anti-money laundering, international sanction checks, political exposed persons and client verification; and if he will make a statement on the matter.

REPLY

I can inform the Deputy that my Department introduced enhanced due diligence checks in 2018 on all applicants to the Immigrant Investor Programme. This involved the utilisation of best in class compliance databases including politically exposed person checks. Further control measures were introduced from 1 January 2019 . All applicants must now provide a third party due diligence report from a risk management company. Additionally, all personal documentation must be apostilled or dually legalised in the country of origin before it will be accepted.
In 2019 a data sharing agreement was signed with the Revenue Commissioners which allows for the sharing of certain applicant information with the Revenue Commissioners for onward sharing with both the OECD and the applicant's country of origin. This measure was adopted to support the OECD’s Common Reporting Standard. The data will be shared once an applicant has made their investment in Ireland.


Comments are closed.
    Picture

    PQs

    All Parlamientary Questions I make and their answers can be viewed in this section

    Archives

    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    October 2016
    July 2016
    June 2016
    May 2016

    Categories

    All

    RSS Feed

Darragh O'Brien TD


Address

Darragh O'Brien TD
Leinster House
Kildare Street
Dublin 2

Telephone

T:  01-6183802

Email

At present, and as a result of the COVID-19 pandemic, I am not holding my regular meetings across our towns and villages in North County Dublin. However, both I and my office are happy to speak to you and assist you with any issues you may have.

For all housing, planning or heritage related queries please don’t hesitate to contact:
Email: minister@housing.gov.ie
Phone: 01-8882000
Postal address: Department of Housing, Local Government and Heritage, Custom House, Dublin 1, D01 W6X0
 
For all constituency related queries please don’t hesitate to contact:
Email: Darragh.obrien@oireachtas.ie
Phone: 01-6183802
Postal address: Dáil Éireann, Leinster House, Kildare Street, Dublin 2.
 



  • HOME
  • About Darragh
  • News
  • Parliamentary Questions
    • Housing, Planning & Local Government PQ's
    • School PQs
    • Foreign Affairs PQS
    • Oral Questions
  • Newsletters
  • Videos
  • PHOTOS
  • FIANNA FAIL
  • CONTACT
  • DATA Protection Statement