The EU AML package

The AMLR, explained for Irish firms

From 10 July 2027, Regulation (EU) 2024/1624 — the AMLR — replaces the substantive AML rulebook Irish designated persons have followed under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (CJA 2010). It is a directly applicable EU regulation: no Irish transposition, no local variations. This page sets out what it is, when it lands, and what actually changes for your firm.

One package, three instruments

AMLR, AMLD6 and AMLAR do three different jobs

The 2024 EU AML package is three instruments, not one. Your firm’s day-to-day obligations sit in the AMLR. The other two change the machinery around you.

The single rulebook

AMLR

Regulation (EU) 2024/1624

The substantive rulebook: customer due diligence, beneficial ownership, internal controls and reporting obligations for obliged entities. As a regulation it is directly applicable in all 27 member states — there is no Irish transposition to wait for.

Applies 10 July 2027 · football clubs and agents from 10 July 2029

The institutional layer

AMLD6

Directive (EU) 2024/1640

The machinery around the rulebook: national supervisors, FIU powers, beneficial-ownership registers and cross-border cooperation. As a directive, Ireland transposes it into national law.

General transposition due 10 July 2027

The new authority

AMLAR

Regulation (EU) 2024/1620

Creates AMLA — the EU Anti-Money Laundering Authority in Frankfurt. AMLA is already producing the technical standards and guidelines that will shape how the AMLR is supervised in practice.

AMLA operational since 1 July 2025

Don’t conflate them. The AMLR is the rulebook your firm follows. AMLD6 rewires supervision and registers at national level. AMLAR created the supervisor. Reading the three interchangeably is the quickest way to misread your obligations — and much commentary does exactly that.

The road to 2027

Five dates that matter

2024

EU AML package adopted

The AMLR, AMLD6 and AMLAR are adopted as a single package.

1 July 2025

AMLA operational

The EU Anti-Money Laundering Authority starts work in Frankfurt.

~10 July 2026

Technical standards land

The main batch of AMLA technical standards and guidelines is due — the detail behind the rulebook.

10 July 2027

The AMLR applies

The single rulebook applies directly across the EU. Ireland’s AMLD6 transposition is due the same day.

10 July 2029

Football in scope

Football clubs and agents become obliged entities.

What changes vs the CJA 2010

The headline changes for your firm

You are not starting AML from zero — Irish firms have been designated persons for over a decade. But the thresholds, roles and record-keeping rules your programme was built around change on 10 July 2027.

01

CDD at €10,000 for occasional transactions

The threshold for customer due diligence on occasional transactions drops to €10,000, from €15,000 today.

02

Cash triggers CDD sooner

Occasional cash transactions of €3,000 or more trigger limited CDD. Crypto-asset service providers (CASPs) apply CDD from €1,000.

03

An EU-wide €10,000 cash cap

A directly applicable limit on cash payments of €10,000 for commercial transactions — whether a single payment or linked operations.

04

Beneficial ownership at 25%

A beneficial owner is anyone with an ownership interest of 25% or more, direct or indirect, harmonised EU-wide. The Commission may later lower this to 15% for high-risk sectors by delegated act, following a review due by 2029.

05

Prescribed compliance roles

A board-level compliance manager plus a compliance officer of sufficiently high standing. The compliance officer also takes on responsibility for targeted financial sanctions implementation from 10 July 2027.

06

EDD for high-net-worth relationships

Enhanced due diligence where assets of €5m+ are handled for a client whose total wealth is €50m+. AMLA guidance on the €50m test is due by 10 July 2027.

07

FIU requests: 5 working days

Requests from the FIU must be answered within 5 working days — shorter for some categories.

08

e-identification recognised

eIDAS-aligned electronic identification is explicitly recognised for identity verification.

09

Retain 5 years, then delete

Records are retained for 5 years and then deleted. Deletion becomes an obligation in its own right, not an afterthought.

10

A wider net

CASPs (aligned with MiCA), crowdfunding providers and traders in high-value goods come into scope, along with letting agents for tenancies with monthly rent of €10,000 or more — and football clubs and agents from 2029.

Terminology

From “designated person” to “obliged entity”

Same firms, new label. The shift in language signals the shift in legal basis — from Irish transposition to a directly applicable EU regulation.

Today · CJA 2010

Designated person

The term Irish law uses under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010. Your current policies, supervisor correspondence and guidance are written in this language.

From 10 July 2027 · AMLR

Obliged entity

The AMLR’s term. Expect supervisor guidance, templates and inspection language to switch over as the regulation applies. Your refreshed policies and BWRA should use it — CompliDesk’s templates already do.

Supervision in Ireland

Who supervises whom

AML supervision in Ireland is sector-by-sector. Know your supervisor — it shapes the guidance you follow, the inspections you face and the registrations you hold.

SectorAML supervisor
Estate agents, letting agents, auctioneers, property managementPSRA — Property Services Regulatory Authority
SolicitorsLaw Society of Ireland
Accountants, auditors, tax advisers (members of a body)Designated accountancy bodies — Chartered Accountants Ireland, ACCA, CPA Ireland
TCSPs, high-value goods dealers, unaffiliated accountants and tax advisersAMLCU — Anti-Money Laundering Compliance Unit, Department of Justice
Banks, funds, payments, insurers, CASPsCentral Bank of Ireland
Getting ready

How CompliDesk gets you ready

CompliDesk Ireland is built to the AMLR from day one — not retrofitted from the old directives. The platform launches well before 10 July 2027; readiness services and free early access are available now. Built and battle-tested through Australia’s 2026 AML reform with real paying firms.

Policy pack + BWRA generator

Refresh your Business-Wide Risk Assessment (BWRA) and rebuild your policies against the AMLR — with compliance manager and compliance officer role designation built in.

Onboarding, CDD and screening

Client onboarding with KYC/KYB identity verification (Didit) and sanctions & PEP screening via OpenSanctions — EU consolidated list, UN and PEP data — plus cash-rule warnings at the €10,000 cap and the €3,000 occasional-cash CDD trigger.

STR, RBO and CRO workflows

An STR builder with goAML-compatible XML export and a dual-submission tracker for goAML and Revenue ROS. RBO extract workflow with discrepancy logging, and CRO company lookup.

Records, training, audit trail

Record retention with 5-years-then-delete built in, a staff training log and a full audit trail. Data hosted in the EU — AWS eu-west-1 (Dublin).

Want a structured starting point? Download the free AMLR Readiness Checklist for Irish Firms (PDF) — thresholds, roles, reporting and record-keeping in one practical document.

10 July 2027 is closer than it looks

Get your firm AMLR-ready before the rush

See how CompliDesk maps your CJA 2010 programme to the AMLR — or join the waitlist and lock in founding-member pricing before launch.