---
title: JMLSG revisions to Wholesale Markets Guidance
description: The Joint Money Laundering Steering Group (JMLSG) published its finalised revisions to its Wholesale Markets Guidance
---

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# [JMLSG revisions to Wholesale Markets Guidance](https://www.plenitudeconsulting.com/news-insights/jmlsg-revisions-to-wholesale-markets-guidance)

 Written by [Insight & Partnership Team](https://www.plenitudeconsulting.com/news-insights/author/insight-partnership-team) | Oct 4, 2024 2:05:54 PM

 

Revisions have been published to the following sections of Sector 18, Part II of the JMLSG AML/CTF/CPF Guidance:

- ML risks in the Wholesale Markets sector and how to assess them;
- CDD (including SDD and EDD) requirements; and
- Specific guidance on Wholesale Subscription Finance in Private Capital Funds, including product-specific risks and firms’ requirements.

💡 The revisions await HMT Ministerial approval before they will become official regulatory guidance.

Relevant firms operating in Wholesale Markets should review the revised sections and make any preparations ahead of their implementation, including impact assessments and procedural updates.

✅ Plenitude RegSight and its subscription newsletter keeps you informed of the evolving regulatory landscape in the UK and its impacts for firms. Visit our website for more information. [https://www.plenitudeconsulting.com/what-we-do/plenitude-regsight/](https://www.plenitudeconsulting.com/what-we-do/plenitude-regsight/)

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