Dáil Éireann Debate, Thursday - 5 February 2026
190. Deputy Ken O'Flynn asked the Tánaiste and Minister for Finance whether the National Risk Assessment currently being finalised includes specific consideration of reputational risk arising from enforcement intensity, settlement practices, or beneficial ownership verification; and when he expects the assessment to be published. [9072/26]
View answerThe update to the money laundering, terrorist financing and proliferation financing National Risk Assessment, currently underway, incorporates reputational risk within its consequence scoring framework, including potential impacts on the financial sector. It also reflects enforcement activity through its appraisal of supervisory actions, prosecutions and regulatory sanctions. While settlement practices are not addressed as a standalone category, enforcement outcomes are considered in assessing vulnerabilities. The National Risk Assessment further notes challenges in verifying beneficial ownership information, which can give rise to transparency and reputational risks. The report is expected to be published in the coming months.
