Minister Jim O’Callaghan launches National Economic Crime and Corruption Strategy

• The Strategy provides a coordinated whole-of-government and whole-of-society approach to combat economic crime and corruption.
• It will strengthen Ireland's response through better data, enhanced cooperation and improved specialist capabilities for investigators and prosecutors.

Minister for Justice, Home Affairs and Migration Jim O’Callaghan today launched the Government's new multi-annual Strategy to Combat Economic Crime and Corruption. The Strategy will strengthen Ireland’s ability to prevent, detect, investigate and prosecute economic crime and corruption while protecting public trust, economic integrity and Ireland’s international reputation.

Economic crime and corruption impose significant costs on individuals, businesses and the State. The Strategy recognises this and adopts a whole-of-government approach by setting out a comprehensive framework designed to provide a cross-sectoral response to economic crime and corruption and the organised criminal activity it enables.

Developed by the Advisory Council against Economic Crime and Corruption, it will ensure Ireland remains resilient to emerging threats, including cyber-enabled and cross-border criminal activity.

Speaking of the launch, Minister O’Callaghan said:

The Strategy is structured around five interlocking objectives:

• Improving the collection, analysis and use of data to identify emerging threats and risks and support evidence-based policymaking;
• Developing a stronger cross-sectoral approach through enhanced cooperation and information sharing;
• Ensuring investigators and prosecutors have the specialist skills and tools required to tackle economic crime and corruption effectively;
• Strengthening Ireland's capacity to seize and confiscate criminal assets; and
• Promoting prevention through education, public awareness and increased compliance measures.

Among the key recommendations are:

• Developing a systemic approach to collecting and analysing data to support the identification of strategic priorities;
• Establishing enhanced public-private partnerships to better prevent, detect and pursue economic crime;
• Introducing legislation to facilitate private-to-private information sharing;
• Examining options to improve efficiencies in prosecuting economic crime cases, including consideration of deferred prosecution agreements and other non-trial resolution measures;
• Reviewing confiscation provisions under the Criminal Justice Act 1994 and assessing participation in the EU Asset Recovery and Confiscation Directive; and
• Developing coordinated communications and education campaigns to raise awareness of fraud and scams.

The full Strategy to combat Economic Crime and Corruption can be found here.

ENDS...///

• The Advisory Council is an independent, non-statutory body established by Government in 2022 following a key recommendation of the Hamilton Review. The Advisory Council is independently chaired by James Hamilton.
• The Advisory Council brings together senior representatives from across Government, law enforcement, regulatory bodies, academia, civil society and the business and financial sectors to provide strategic and policy advice to Government through the Minister for Justice, Home Affairs and Migration.
• The Strategy was approved by Government in May 2026.
• The Government recently approved the reappointment of James Hamilton as Chair of the Advisory Council for a further 18 months to support the development and implementation of the action plan that will set out the specific measures, timelines and responsibilities required to deliver on the Strategy's objectives.