Key changes affecting insolvency practitioners from 26 June in the latest money laundering regulations.

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR2017) have been effective since 26 June 2017. A brief consultation period on the draft regulations ran from 15 March 2017 to 12 April 2017, MLR2017 were laid before Parliament on 22 June 2017 and became effective four days later. It is perhaps not surprising that there has not been much comment about MLR2017 - there has not been much opportunity for this.

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