The Joint Money Laundering Steering Group (JMLSG) has published revisions made to Part II Sector 11 Annex 11-I of its Guidance relating to Motor Finance. The annex highlights the approach required to conduct due diligence when considering a credit application and acceptable methods for conducting these checks.

https://www.jmlsg.org.uk/wp-content/uploads/2022/08/Board-approved_Sector-11-Annex_August-2022.pdf

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