Proposed changes to the Money Laundering Regulations 2007 – Government response to consultation

Following a somewhat leisurely consultation process, the Government has this week published a response to its consultation on changes to the Money Laundering Regulations 2007 (“MLR”) and an impact assessment of the proposed changes (http://www.hm-treasury.gov.uk/fin_review_laundering_regs.htm).  The consultation follows a review of the operation of the MLR which was undertaken in 2009-10, and a consequential consultation … Read more