Niall Collins (Limerick County, Fianna Fail)
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196. To ask the Tánaiste and Minister for Justice and Equality his plans to amend the money laundering acts to include bookmakers and all forms of gaming; and if he will make a statement on the matter. [44072/18]

Charles Flanagan (Laois, Fine Gael)
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The Deputy may be aware that the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 applies to private members’ gaming clubs and casinos. The Fourth Anti-Money Laundering Directive (Directive (EU) /2015/849) requires Member States to extend the application of anti-money laundering laws to all providers of gambling services, unless it can be shown that a particular gambling sub-sector is low risk. A risk assessment of the gambling industry in Ireland was carried out by a subcommittee of the Anti-Money Laundering Steering Committee, chaired by the Department of Finance. The assessment indicated that while certain subsectors - such as lotteries and amusement machines - could be considered to be low risk, others, such as bookmaking, were assessed as having a medium-low risk. As a result, the State is required to extend its anti-money laundering law to gambling services which are not proven low risk. I intend to bring forward a statutory instrument, in conjunction with the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2018, to put this into effect.