Whereas the Treasury are a government department designated
1 for the purposes of section 2(2) of the European Communities Act 1972
2 in relation to measures relating to preventing the use of the financial system for the purpose of money laundering;
Now therefore the Treasury, in exercise of the powers conferred on them by—
- (i)
section 2(2) of the European Communities Act 1972, and
- (ii)
sections 168(4)(b), 402(1)(b), 417(1)
3 and 428(3) of the Financial Services and Markets Act 2000
4,
hereby make the following Regulations: