The Money Laundering Regulations 2007
This page provides information on the changes brought about by the Money Laundering Regulations 2007 which come into effect on 15 December 2007. These Regulations will implement the requirements of the EU's Third Money Laundering Directive in the UK.
The Regulations impose requirements on many types of business. The FSA will be supervising the money laundering controls in Authorised Firms (which the FSA already regulates under the Financial Services and Markets Act) as well as certain other types of business (like safety deposit box providers, leasing companies, share registrars and commercial lenders) which will become registered with the FSA for the first time. Further information, including a glossary, can be found by clicking on the links below.
- What is required of authorised firms?
- What is required of businesses that will need to register?
- Sources of further information
- Glossary of terms [PDF]
Contacts
If you require further assistance to determine whether your business falls within our increased supervisory scope please contact our Perimeter Enquiries team on: 020 7066 0082.
If you need more general assistance, including help with our forms, please contact our Firm Contact Centre by email or telephone on 0845 606 9966.
If you have a query relating to the scope of our new functions under the new Regulations please email the Money Laundering Regulations team.