Money Laundering and Terrorist Financing (Amendment) (No. 2) (High-Risk Countries) Regulations 2021
UK | Active
The legislation applies to activities that are undertaken by small businesses.
This statutory instrument amends the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692) (“the MLRs”) by substituting the list of high-risk third countries (in respect of which extra customer due diligence measures must be taken by relevant persons under the MLRs) in Schedule 3ZA for a new list. Schedule 3ZA had originally been inserted into the MLRs by the Money Laundering and Terrorist Financing (Amendment) (High-Risk Countries) Regulations 2021 (S.I. 2021/392) (“HRTC Amendment No.1 SI”).
| Category | Industries | Standards | Link |
|---|---|---|---|
| Other | Financial Services, Payment Services, Banks | ISO 9001 | View Legislation |
Additional Data
| Employee Threshold | Turnover Threshold |
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