BBA has responded to Treasury's update on the review of the Money Laundering Regulations (MLR). It commented it would be better not to make changes to domestic legislation until current international initiatives are finalised. It also stressed its members' ongoing concern that the attitude of their supervisors makes compliance with the risk-based approach difficult. On a related point, it highlighted again its concern over the deficiencies of the consent regime under the Proceeds of Crime Act 2002. (Source: BBA Responds on MLR Review)