UK Statutory Instrument 2019 United Kingdom

The Money Laundering and Terrorist Financing (Amendment) Regulations 2019

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At a glance

Enforced by

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

Part 1 — Introduction

Browse 1 other section in this Part — procedural / definitional / commencement

s.001

Citation and commencement

Part 2 — Money Laundering Regulations

Browse 12 other sections in this Part — procedural / definitional / commencement

s.002

Amendment of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017

s.003

Amendment of Part 1: introduction

s.004

Amendment of Part 2: money laundering and terrorist financing

s.005

Amendment of Part 3: customer due diligence

s.006

New Part 5A: bank account portal

s.007

Amendment of Part 6: supervision and registration

s.008

Amendment of Part 8: information and investigation

s.009

Amendment of Part 9: enforcement and Part 10: appeals

s.010

Amendment of Part 11: miscellaneous provisions

s.011

Amendment of Schedule 4: supervisory information

s.012

Amendment of Schedule 6: relevant requirements

s.013

New Schedule 6A: United Kingdom financial intelligence unit

Part 3 — Amendment of primary and secondary legislation

Browse 7 other sections in this Part — procedural / definitional / commencement

s.014

Amendment of the Terrorism Act 2000

s.015

Amendment of the Proceeds of Crime Act 2002

s.016

Amendment of the Companies Act 2006

s.017

Amendment of the Limited Liability Partnerships (Application of Companies Act 2006) Regulations 2009

s.018

Amendment of the Unregistered Companies Regulations 2009

s.019

Amendment of the Electronic Money Regulations 2011

s.020

Amendment of the Scottish Partnerships (Register of People with Significant Control) Regulations 2017

Part 4 — Review

Browse 1 other section in this Part — procedural / definitional / commencement

s.021

Review

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Enforcement and responsible bodies

The regulators that administer or enforce this legislation.

FCA

Primary

Financial Conduct Authority

Regulation of financial services firms and markets. Supervises banks, insurers, investment firms, payment services, and cryptoasset businesses. Issues authorisations and enforces conduct …

SRA

Solicitors Regulation Authority

Regulates solicitors and law firms in England and Wales. Sets standards, authorises firms, investigates misconduct, and can impose sanctions including fines and …