http://www.legislation.gov.uk/uksi/2024/69/regulation/1/made

The Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2024

en

King's Printer of Acts of Parliament

2024-02-23

FINANCIAL SERVICES

These Regulations amend the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692) (“the MLRs”) by amending the definition of “high-risk third country” in regulation 33(3)(a). A “high-risk third country” for the purposes of the MLRs will now mean a country named by the Financial Action Task Force from time to time on lists it publishes: on the list of High-Risk Jurisdictions subject to a Call for Action or the list of Jurisdictions under Increased Monitoring. Schedule 3ZA is removed from the MLRs.