Money Laundering: Israeli Settlements and Syria — Written Question

Question

Andy McDonald

Labour — Middlesbrough and Thornaby East

To ask the Chancellor of the Exchequer, what steps she is taking to ensure that anti-money laundering supervisory authorities effectively discharge their functions under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the P

Answer

Rachel Blake

The MLRs do not prescribe separate requirements on supervisors in relation to commercial activity involving particular geographic areas or territories. Regulated businesses and firms are required to consider relevant risk factors relating to customers, tr...

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