Skip to content

Final Amendments to JMLSG Part I and Part II Published

10 March 2023
corporate buildings skyscrapers

Final Amendments to JMLSG Part I and Part II Published

The Joint Money Laundering Steering Group (JMLSG) has published final amendments to the following text in parts I and II of their guidance, which is awaiting HM Treasury approval.

The revisions pertain to the following sections:

  • Part I, Chapter 6 regarding Tipping off, and prejudicing an investigation;
  • Part II, Sector 5 on Wealth management;
  • Part II, Sector 6 on Financial advisers (including financial planners);
  • Part II, Sector 11A on Consumer credit providers;
  • Part II, Sector 13 on Private equity;
  • Part II, Sector 22 on Cryptoasset exchange providers and custodian wallet providers.

Relevant firms should take note of the proposed revisions and consider any changes proposed to sectors applicable to their industry.
Back to news and insights Read next article