Frances Fitzgerald (Dublin Mid West, Fine Gael) | Oireachtas source

We will keep an open mind on that. I have met the people running the CAB who highlighted the need for further legislation which was the legislation I brought in earlier this year, the Proceeds of Crime (Amendment) Act 2016. That gives additional powers to target the proceeds of crime, in particular powers for the immediate seizure of assets suspected of being the proceeds of crime. I am pleased that the House supported the legislation. We also changed the thresholds under the Proceeds of Crime Act 2016 from €13,000 to €5,000. I will continue to engage with the CAB and if there are any other requests for strengthened legislation, I would be open to that. I acted on the legislation it said was needed this year.

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