Consultation Paper - Financial Crime Return Rules 2023

13th February 2023

The Commission has today published a Consultation Paper proposing rules for the mandatory filing of three existing financial crime returns to which administrative financial penalties will apply for late filings and inaccurate submissions.

The Commission is intending to make rules which will make mandatory the filing of the following returns within the timeframes set:

  • The annual financial crime risk return from all licensed firms by 31 October each year;
  • The annual intermediary multi-scheme return from administrators of authorised and registered collective investment schemes by 31 May each year; and
  • The quarterly financial flows return from banks within two months of quarter end.

The Consultation Paper can be found on the Commission's Consultation Hub:

Responses to this consultation are sought by 27th March 2023.