[Department of Justice, Home Affairs and Migration] New powers for CAB as Minister for Justice Jim O’Callaghan strengthens State’s ability to seize criminal assets. (08 Jul 2025)
External website: https://www.gov.ie/en/department-of-justice-home-a...
New Proceeds of Crime Bill is the most significant reform of Ireland’s civil asset forfeiture laws in almost 30 years.
- Bill will strengthen CAB powers and reduce delays
- Enables immediate possession of assets
- 7 year waiting period cut to 2 years before final disposal
- New powers to freeze bank accounts so criminal money cannot be hidden
The Minister for Justice, Home Affairs and Migration Jim O’Callaghan, has today received government approval to strengthen the State’s ability to identify, freeze and confiscate assets linked to serious and organised crime.
The Proceeds of Crime and Related Matters Bill 2025, which was approved by cabinet today (July 8th) represents the most significant update to Ireland’s civil asset forfeiture laws since their introduction in 1996.
The Bill strengthens CAB’s investigative powers, with new provisions to freeze bank accounts when there is a reasonable suspicion that it is being used to hold proceeds of crime. To address the risk of funds being moved quickly or hidden, a direction can be given to a financial institution to freeze an account for up to seven days.
The Bill will also ensure that when a court has decided that assets are the proceeds of crime, a receiver will be appointed to deprive those holding the assets to benefit. The time before the assets can be finally disposed of will be reduced from seven (7) years to two (2) years which is a significant reform, stated Minister O’Callaghan.
Minister Jim O’Callaghan added:
“Seizing the proceeds of crime, be that money, property or vehicles from criminal individuals or organisations is central to combatting organised crime. Organised crime is driven by money and the harder the State makes it to obtain, launder and keep the money, the weaker these organised groups are.”
Additionally, the District Court may issue a restraint order for up to 90 days, with the option to renew it. These powers can be used where there are reasonable grounds to suspect that the funds are linked to crime and may be dissipated. It will be a criminal offence to breach either a direction or a court order.
The Bill also streamlines the disposal process and ensures that findings are not challenged repeatedly. Procedural protections remain in place and individuals will still have the right to appeal a decision or apply to vary or revoke it during the two-year period before disposal.
Minister O’Callaghan also highlighted the importance of ensuring that the proceeds of crime are used to benefit communities.
“The Proceeds of Crime Acts allow for re-investing the proceeds of crime back into communities to support projects that build safer and more secure communities.”
“The Community Safety Fund, now in its fourth year, ensures money seized from criminal networks is reinvested to enhance public safety, wellbeing and opportunity in localities.”
With a budget of €4 million in 2025, the fund which is managed by the National Office for Community Safety, supports projects that tackle anti-social behaviour, drug-related intimidation, domestic violence, and youth crime.
Following government approval for publication today, the Proceeds of Crime and Related Matters Bill 2025 will now proceed to be considered by Dáil Éireann.
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