The Joint Money Laundering Steering Group (JMLSG) has carried out a review of its Money Laundering Guidance for the Financial Sector, looking at:

  • Areas of omission.
  • Provisions of the Guidance that are difficult to implement or effect.
  • Provisions of the Guidance that no longer reflect current practice.

The JMLSG has now published for consultation amendments to Part II of the Guidance. The deadline for comments on the amendments is 21 October 2009.