JMLSG has published more proposed changes to its Guidance, following its proposals of August. The new proposals amend Part II. The changes update cross-references and re-order materials and make new guidance, or clarify or expand existing guidance for:
- life assurance and pensions;
- general insurance (creating a new sector);
- discretionary and advisory investment management;
- trade finance;
- wholesale markets; and
- prime brokerage and funds-related services.
There is a short consultation period, which closes on 21 October.