Research and analysis

RPC opinion: The Money Laundering and Terrorist Financing (Amendment) Regulations 2026

RPC's opinion of the impact assessment produced by HMT for The Money Laundering and Terrorist Financing (Amendment) Regulations 2026

• From: Regulatory Policy Committee
• Published: 30 March 2026

Documents

RPC Opinion: The Money Laundering and Terrorist Financing (Amendment and Miscellaneous Provision) Regulations 2025 Statutory Instrument

PDF, 209 KB, 6 pages

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Details

The Money Laundering and Terrorist Financing (Amendment) Regulations 2026 aim to amend the definition of ‘high-risk third country’ in the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 by aligning it with countries named by the Financial Action Task Force on their lists of High-Risk Jurisdictions subject to a Call for Action or Jurisdictions under Increased Monitoring.

The Regulatory Policy Committee (RPC) gave a ‘green’ rating to the impact assessment for the reforms proposed by His Majesty’s Treasury (HMT) on 6 January 2026.

This means that we considered the options assessment to be ‘fit for purpose’ based on our scrutiny of the evidence and analysis supporting the case for why regulation is necessary. 

The RPC’s opinion refers to the evidence and analysis presented in the options assessment, not the policy itself.

Published 30 March 2026