AML Review

HM Treasury has announced a review of the Money Laundering Regulations 2007 which implemented the EU’s Third Money Laundering Directive in the UK. The intention is to consider how effective and proportionate the UK’s anti-money laundering rules are.

To assist in the AML review, HMT is calling for evidence in two parts: Part A is from professionals (regulated firms, supervisors etc.) whilst Part B is from private individuals and business customers.

Further details, including pdf versions of the call for evidence, can be obtained from the link below.