On June 29, the Joint Money Laundering Steering Group (JMLSG) announced that it is consulting on proposed amendments to its risk-based anti-money laundering guidance to reflect the UK Money Laundering Regulations 2007. The amendments, once confirmed and approved by HM Treasury, will update the JMLSG’s guidance to include the 2007 Regulations which will implement the EU Third Money Laundering Directive.

Comments are invited by September 7.