The Oversight of Professional Body Anti-Money Laundering and Counter Terrorist Financing Supervision Regulations 2017

InterpretationU.K.

This adran has no associated Memorandwm Esboniadol

2.  In these Regulations—

F1...

the FCA” means the Financial Conduct Authority;

fourth money laundering directive” means Directive 2015/849/EU of the European Parliament and of the Council of 20th May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing M1;

FSMA” means the Financial Services and Markets Act 2000 M2;

the MLR” means the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 M3;

self-regulatory organisation” means one of the professional bodies listed in Schedule 1 to the MLR;

supervision requirement” means any requirement imposed by the MLR on a self-regulatory organisation (whether imposed on a self-regulatory organisation in terms or in its capacity as a supervisory authority within the meaning given by regulation 3 of the MLR).