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Ireland · Question · written

PQ 40

40. Deputy Tom Fleming asked the Minister for Finance if he will re-examine the requirement to have anti-money laundering identification requirements applied to the purchase of prize bonds over €25 as it is unnecessarily restrictive and will have a detrimental impact on the sale of prize bonds to customers who wish to give them as a gift to family members; if he will review this with a view to setting the limit at €100 before any requirements are applied and accept that this would be a move to a more appropriate level; and if he will make a statement on the matter. [49877/13]

askedIreland· Dáil Éireann· EN

Introduced

21 November 2013

Last action

21 November 2013 · Money Laundering

Status

written

Sponsors

Fleming, Tom.

Subjects

Discovery layer

Source updated

21 November 2013

Summary

40. Deputy Tom Fleming asked the Minister for Finance if he will re-examine the requirement to have anti-money laundering identification requirements applied to the purchase of prize bonds over €25 as it is unnecessarily restrictive and will have a detrimental impact on the sale of prize bonds to customers who wish to give them as a gift to family members; if he will review this with a view to setting the limit at €100 before any requirements are applied and accept that this would be a move to a more appropriate level; and if he will make a statement on the matter. [49877/13]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 November 2013

    Money Laundering

    40. Deputy Tom Fleming asked the Minister for Finance if he will re-examine the requirement to have anti-money laundering identification requirements applied to the purchase of prize bonds over €25 as it is unnecessarily restrictive and will have a detrimental impact on the sale of prize bonds to customers who wish to give them as a gift to family members; if he will review this with a view to setting the limit at €100 before any requirements are applied and accept that this would be a move to a more appropriate level; and if he will make a statement on the matter. [49877/13]

    Source: written

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Documents

1 official file

Money Laundering

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Sources

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