UK: JOINT MONEY LAUNDERING STEERING GROUP (JMLSG) GUIDANCE

Available on its website, and updated as of 1 June, is guidance which sets out what is expected of firms and their staff in relation to the prevention of money laundering and terrorist financing, but allows them some discretion as to how they apply the requirements of the AML/CTF regime in the particular circumstances of the firm, and its products, services, transactions and customers. It comes in 3 parts, which are available to download.

https://jmlsg.org.uk/guidance/current-guidance/

 

If you would like to say thanks by making a small contribution, in case I need to upgrade or replace my computers and other paraphernalia, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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