Money Laundering Regulations 2017
This consultation closes at
Consultation on draft regulations and response to previous consultation on transposing the Fourth Money Laundering Directive and Fund Transfer Regulation.
PDF, 876KB, 106 pages
The Treasury launched an 8 week policy consultation on the Transposition of the Fourth Money Laundering Directive and Fund Transfer Regulation in September. These aim to give effect to the updated global Financial Action Task Force (FATF) standards.
The government sought views and evidence on the steps it proposed to take or should take, to transpose the Fourth Money Laundering Directive (4MLD) and those aspects of the Fund Transfer Regulation (FTR) that need to be transposed into national law.
This document gives an outline of the responses submitted and the government’s policy decisions positions following the consultation, and is accompanied by draft regulations.
The government welcomes views on the further policy questions posed in the document, as well as on the draft Money Laundering Regulations 2017, in particular on whether the drafting delivers the government’s stated aims.
Ways to respond
Consultation on Transposition of 4MLD
Sanctions and Illicit Finance Team
1 Blue, HM Treasury
1 Horse Guards Road
Published: 15 March 2017
From: HM Treasury