24U.K.In this Schedule—
“enforcement partners” means bodies with which supervisory authorities enter into arrangements for the purposes of the enforcement of regulations under section 49;
“money laundering” has the meaning given by section 49;
“Money Laundering Regulations 2017” means the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692);
“oversight body” means a body on which functions are conferred under paragraph 8(1);
“relevant business” means business of a kind which entails risks relating to money laundering, terrorist financing or other threats to the integrity of the financial system;
“relevant person” means a person on whom requirements are imposed under paragraph 3;
“requirements” includes prohibitions;
“supervisory authority” means the Financial Conduct Authority, the Commissioners for Her Majesty's Revenue and Customs or any other body on which functions are conferred under paragraph 7(1);
“terrorist financing” has the meaning given by section 49.
Commencement Information
I1Sch. 2 para. 24 in force at 31.12.2020 by S.I. 2020/1535, reg. 3(d)