This guide applies to all businesses required to appoint a nominated officer, sometimes known as a money laundering reporting officer (MLRO). The guide will help you to understand the role and responsibilities of nominated officers as set out in the Money Laundering and Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 as amended by the Money Laundering and Terrorist Financing (Amendment) Regulations 2019 (together known as ‘the MLR’).
