Ireland

National Competent Authorities

The Central Bank of Ireland is responsible for the administration, supervision, and enforcement of sanctions.  The Department of Enterprise, Trade and Employment is responsible for implementing sanctions.  The Department of Foreign Affairs is responsible for liaising with EU and UN partners regarding sanctions and is in charge of licensing applications.

Legislation

Ireland does not have autonomous sanctions legislation. EU sanctions regulations have direct effect in Ireland.

S.I. No. 77/2024 provides criminal penalties for breaching EU sanctions.

Sanctions Lists

Ireland does not implement additional sanctions at national level and does not have an autonomous sanctions list.

Licensing

The Central Bank of Ireland is responsible for assessing derogation applications in respect of financial sanctions prohibitions. Further information is available on the Central Bank of Ireland’s webpage on derogations.

The Department of Enterprise, Trade and Employment is responsible for managing controls on exports of dual-use items, military items and items destined for countries to which trade sanctions apply. Further information is available on the Department of Enterprise, Trade and Employment’s webpage on export licences.

Central Bank of Ireland – Derogations

Sanctions Derogation Application Form

Enforcement

S.I. No. 77/2024 – European Union (Restrictive Measures concerning Ukraine) (No.3) Regulations 2024 provides that contravention of EU sanctions on Russia or contravention of an authorisation (licence) shall be liable:

(a) on summary conviction to a class A fine or imprisonment for a term not exceeding 12 months or both or;

(b) on conviction on indictment a fine not exceeding €500,000 or to imprisonment for a term not exceeding 3 years or both.

Other statutory instruments provide for the same penalties for other sanctions regimes.

Judgments

Footer