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

Data Protection U.K.

41.—(1) Any personal data obtained by relevant persons for the purposes of these Regulations may only be processed for the purposes of preventing [F1 money laundering, terrorist financing or proliferation financing].

F2 (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3) No other use may be made of personal data referred to in paragraph (1), unless—

(a) use of the data is permitted by or under an enactment other than these Regulations [F3 or the [F4 UK GDPR]]; or

(b) the relevant person has obtained the consent of the data subject to the proposed use of the data.

F5 (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F5 (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[F6 (6) Before establishing a business relationship or entering into an occasional transaction with a new customer, as well as providing the customer with the information required under Article 13 of the [F7 UK GDPR] (information to be provided where personal data are collected from the data subject), relevant persons must provide the customer with a statement that any personal data received from the customer will be processed only—

(a) for the purposes of preventing [F8 money laundering, terrorist financing or proliferation financing], or

(b) as permitted under paragraph (3).

(7) In Article 6(1) of the [F9 UK GDPR] (lawfulness of processing), the reference in point (e) to processing of personal data that is necessary for the performance of a task carried out in the public interest includes processing of personal data in accordance with these Regulations that is necessary for the prevention of [F10 money laundering, terrorist financing or proliferation financing].

(8) In the case of sensitive processing of personal data for the purposes of the prevention of [F11 money laundering, terrorist financing or proliferation financing], section 10 of, and Schedule 1 to, the Data Protection Act 2018 make provision about when the processing meets a requirement in Article 9(2) or 10 of the [F12 UK GDPR] for authorisation under the law of the United Kingdom (see, for example, paragraphs 10, 11 and 12 of that Schedule).

(9) In this regulation—

“data subject” has the same meaning as in the Data Protection Act 2018 (see section 3 of that Act);

“personal data” and “processing” have the same meaning as in Parts 5 to 7 of that Act (see section 3(2), (4) and (14) of that Act);

“sensitive processing” means the processing of personal data described in Article 9(1) or 10 of the [F13 UK GDPR] (special categories of personal data and personal data relating to criminal convictions and offences etc).]

Textual Amendments

F1 Words in reg. 41(1) substituted (1.9.2022) by The Money Laundering and Terrorist Financing (Amendment) (No. 2) Regulations 2022 (S.I. 2022/860), regs. 1(5), 6(8)(c)

F2 Reg. 41(2) omitted (25.5.2018) by virtue of Data Protection Act 2018 (c. 12), s. 212(1), Sch. 19 para. 415(2) (with ss. 117, 209, 210); S.I. 2018/625, reg. 2(1)(g)

F3 Words in reg. 41(3)(a) inserted (25.5.2018) by Data Protection Act 2018 (c. 12), s. 212(1), Sch. 19 para. 415(3) (with ss. 117, 209, 210); S.I. 2018/625, reg. 2(1)(g)

F4 Words in reg. 41(3)(a) substituted (31.12.2020) by The Data Protection, Privacy and Electronic Communications (Amendments etc) (EU Exit) Regulations 2019 (S.I. 2019/419), reg. 1(2), Sch. 3 para. 110 (with Sch. 3 para. 112); 2020 c. 1, Sch. 5 para. 1(1)

F5 Reg. 41(4)(5) omitted (25.5.2018) by virtue of Data Protection Act 2018 (c. 12), s. 212(1), Sch. 19 para. 415(4) (with ss. 117, 209, 210); S.I. 2018/625, reg. 2(1)(g)

F6 Reg. 41(6)-(9) inserted (25.5.2018) by Data Protection Act 2018 (c. 12), s. 212(1), Sch. 19 para. 415(5) (with ss. 117, 209, 210); S.I. 2018/625, reg. 2(1)(g)

F7 Words in reg. 41(6) substituted (31.12.2020) by The Data Protection, Privacy and Electronic Communications (Amendments etc) (EU Exit) Regulations 2019 (S.I. 2019/419), reg. 1(2), Sch. 3 para. 110 (with Sch. 3 para. 112); 2020 c. 1, Sch. 5 para. 1(1)

F8 Words in reg. 41(6)(a) substituted (1.9.2022) by The Money Laundering and Terrorist Financing (Amendment) (No. 2) Regulations 2022 (S.I. 2022/860), regs. 1(5), 6(8)(c)

F9 Words in reg. 41(7) substituted (31.12.2020) by The Data Protection, Privacy and Electronic Communications (Amendments etc) (EU Exit) Regulations 2019 (S.I. 2019/419), reg. 1(2), Sch. 3 para. 110 (with Sch. 3 para. 112); 2020 c. 1, Sch. 5 para. 1(1)

F10 Words in reg. 41(7) substituted (1.9.2022) by The Money Laundering and Terrorist Financing (Amendment) (No. 2) Regulations 2022 (S.I. 2022/860), regs. 1(5), 6(8)(c)

F11 Words in reg. 41(8) substituted (1.9.2022) by The Money Laundering and Terrorist Financing (Amendment) (No. 2) Regulations 2022 (S.I. 2022/860), regs. 1(5), 6(8)(c)

F12 Words in reg. 41(8) substituted (31.12.2020) by The Data Protection, Privacy and Electronic Communications (Amendments etc) (EU Exit) Regulations 2019 (S.I. 2019/419), reg. 1(2), Sch. 3 para. 110 (with Sch. 3 para. 112); 2020 c. 1, Sch. 5 para. 1(1)

F13 Words in reg. 41(9) substituted (31.12.2020) by The Data Protection, Privacy and Electronic Communications (Amendments etc) (EU Exit) Regulations 2019 (S.I. 2019/419), reg. 1(2), Sch. 3 para. 110 (with Sch. 3 para. 112); 2020 c. 1, Sch. 5 para. 1(1)