Cork · County Cork

AML compliance software for firms in Cork

Accountancy practices and solicitors’ firms across Cork city and county have carried AML obligations under the CJA 2010 for well over a decade — often with policies that live in a Word document and a folder of scanned IDs. On 10 July 2027 that framework is replaced by Regulation (EU) 2024/1624: lower CDD thresholds, harmonised beneficial-ownership rules and prescribed compliance roles apply directly, with no Irish transposition to wait for. Cork’s professional firms also serve a client base shaped by multinational employers, family businesses and an active property market — which means real corporate due diligence work, not box-ticking. CompliDesk Ireland gives a Cork practice a single AMLR-native system for the whole obligation.

Who it’s for

Designated persons in Cork we’re built for

The AMLR calls them “obliged entities”; Irish law has called them “designated persons” since the CJA 2010. Whatever the label, if your Cork firm is on this list, the new rulebook applies to you from 10 July 2027.

Accountants & tax advisers

Practices across Cork city and county serving everything from multinational subsidiaries to family farms — supervised by your accountancy body, or by the AMLCU if unaffiliated.

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Solicitors

Cork firms handling conveyancing, probate and commercial work are supervised for AML by the Law Society of Ireland; the AMLR resets the thresholds and controls behind that work.

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Estate & letting agents

Sales, lettings and auctioneering across Cork are PSRA-licensed and PSRA-supervised — with CDD, screening and record-keeping duties on every transaction in scope.

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TCSPs

Trust and company service providers in Cork are AMLCU-supervised — and the AMLCU has been able to impose administrative financial sanctions since 30 June 2026 (S.I. No. 307 of 2026).

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10 July 2027

What the AMLR changes for a Cork firm

Regulation (EU) 2024/1624 applies directly across the EU — the same rules in Cork as in every other member state, with no Irish transposition to wait for. The headline changes:

01

€10,000 CDD threshold

Customer due diligence for occasional transactions is triggered at €10,000 — down from €15,000 under the current framework.

02

€3,000 occasional-cash CDD

Occasional cash transactions of €3,000 or more trigger limited customer due diligence, wherever clients still pay in cash.

03

€10,000 EU cash cap

A directly applicable EU-wide cap of €10,000 on cash payments for commercial transactions, whether a single operation or linked ones.

04

25% beneficial ownership + RBO duties

A harmonised EU-wide beneficial-owner definition at 25% or more, direct or indirect — with the Commission able to set a lower threshold of 15% or lower for high-risk sectors by delegated act. Irish RBO duties continue: obtain an extract (€2.50 each) before a new business relationship and report discrepancies.

05

Prescribed compliance roles

A board-level compliance manager plus a compliance officer of sufficiently high standing — required even in small firms. From 10 July 2027 the compliance officer also implements targeted financial sanctions.

06

STR dual reporting stays

Suspicious Transaction Reports remain dual-reported in Ireland: to FIU Ireland via the goAML portal, and to the Revenue Commissioners via ROS as an XML upload.

No office visit needed

Everything runs online — wherever in Cork you are

We’ll be straight with you: CompliDesk doesn’t have an office on your street, and it doesn’t need one. It’s cloud software hosted in the EU — AWS eu-west-1, Dublin — so a firm in Cork onboards clients, screens them and prepares its reports entirely online.

Onboard clients from your desk

Send a secure onboarding link; identity verification (KYC and KYB) runs through Didit online. No paper packs, no office visit.

Screen and monitor anywhere

Sanctions and PEP screening against EU, UN and PEP datasets via OpenSanctions runs in the browser — at onboarding and on an ongoing basis.

Reports prepared online

Build your BWRA, policy pack and STR records in the platform, and export goAML-compatible XML for your MLRO to file.

Demos over video call

Every demo is a video call at a time that suits your practice — book one and see the platform on your own screen.

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Get AMLR-ready

Get your Cork firm ready before 10 July 2027

See how CompliDesk handles your risk assessment, client due diligence, RBO checks and STR reporting — or join the waitlist for free early access and founding-member pricing.