What is the purpose of the JMLSGs Guidance Notes?
The purpose of these Guidance Notes is to: outline the requirements of the UK money laundering legislation; provide a practical interpretation of the Money Laundering Regulations 2007; set out the requirements of the FSA Money Laundering Rules, Evidential Provision and Guidance; provide an indication of good generic industry practice and provide a base from which management can develop tailored policies and procedures that are appropriate to their business.
The purpose of these Guidance Notes is to: outline the requirements of the UK money laundering legislation; provide a practical interpretation of the Regulations; set out the requirements of the FSA Money Laundering Rules, Evidential Provision and Guidance; provide an indication of good generic industry practice; provide a base from which management can develop tailored policies and procedures that are appropriate to their business
