Filing information for CRBOT

INTRODUCTION:

New European anti-money laundering legislation requires each member state to
maintain a central register to record the beneficial ownership information of
‘Relevant Trusts’. In the 26 Counties, this is called the ‘Central Register of Beneficial
Ownership of Trusts (CRBOT)’ and is being hosted and managed by the Revenue
Commissioners.

The Revenue Commissioners have met with the GAA at the Central level to highlight the
new legal obligations for all our GAA/LGFA/Camogie and Handball clubs along with
County and Provincial units who are, in legal terms, deemed to be ‘Relevant Trusts’.
GAA clubs are now required to record the details of their trustees and executives on this new register which can be completed via Foireann. 

• Further guidance is available on www.revenue.ie/en/crbot.
• Please send any queries to [e-mail] 
• If you have specific GAA queries, please send them to [e-mail] and not [e-mail] as they will not be able to assist. 

Please see the guide below on how to add the relevant information to Foireann. 

FAQs:

WHO IS REQUIRED TO FILE THIS INFORMATION?

Any member who is assigned to a position on the Executive Committee including custom/club-specific positions. 

WHO HAS ACCESS TO THIS INFORMATION?

Designated persons (i.e. financial institution, Auditor, legal professional) are now required to check that the beneficial ownership information has been included on the register (CRBOT) before establishing a business relationship. This means that where clubs are seeking loan finance or have an engagement with their solicitor, then the lender and/or solicitor are obliged to check that the trust is recorded in the CRBOT before commencing the loan or taking on the engagement. This will also arise as part of the annual audit of accounts by auditors. CRBOT is also open to Gardaí, Revenue Commissioners, and the Criminal Assets Bureau.

Failure to supply this information will likely hinder future banking transactions and may potentially leave designated trustees liable for a financial penalty.

I CAN'T SEE CRBOT IN MY PROFILE / HOMEPAGE TO UPLOAD MY INFORMATION.

CRBOT will only be displayed in your Foireann account if you meet the following criteria:

• You are assigned a position on the Executive Committee within Foireann for your club.
• Your club is within the 26 Counites
• You are over the age of 18

If you meet all of the above criteria, yet do not have access to upload your information, please double-check with your club administrators to ensure you are correctly assigned to a position within the Executive Committee on Foireann. 

I DON'T WANT TO UPLOAD MY INFORMATION TO FOIREANN. 

It is a legal requirement to provide this information however if you do not wish to provide it via Foireann, you can file the information through ROS or under 'My Account' via www.revenue.ie

Please note however that if you supply this information outside of Foireann, this prompt to file this information on Foireann will remain on your homepage and if your club or Association are to run any reports on Foireann regarding CRBOT, your record will not appear to be compliant therefore please ensure you inform your club that you have uploaded the information outside of Foireann to keep their records correct.