SI 2024/69 The Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations

Published on: 23 January 2024

Published by a

Specialist Tax Statutory Instruments

Article summary

These regulations amend regulation 33(3)(a) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations, SI 2017/692 to redefine “High-Risk Third Countries” (“HRTCs”) as those countries identified by the Financial Action Task Force ("FATF”) in the lists the FATF publish from time to time, as “High-Risk Jurisdictions Subject to a Call for Action” and “Jurisdictions Under Increased Monitoring”.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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