Ireland's Economic Crime Strategy Calls for Wider Information Sharing

Ireland’s national economic crime and corruption strategy calls for wider information sharing among public agencies and businesses as increasingly global fraud challenges their ability to respond across institutions.

The Advisory Council against Economic Crime and Corruption developed the strategy. Established by the government in 2022, the independent advisory body includes members from law enforcement, regulatory bodies, business, finance, academia and civil society.

The strategy sets five objectives: better collection and use of data, stronger cooperation across sectors, improved investigative and prosecution tools, more effective asset recovery, and coordinated prevention through education and communication.

It calls for improved information exchange and public-private partnerships. Fragmented action and limited information sharing can hinder efforts to counter economic crime, particularly when cases cross organizational and national boundaries.

A detailed, multiyear action plan is to follow. Developing it will require consultations beyond the council’s current members to determine how the strategy’s objectives will be put into practice.