This checklist is intended to assist in-house counsel and compliance teams in commercial organisations that are subject to The Money Laundering, 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’), in meeting customer due diligence (CDD) obligations, which are central to the anti-money laundering and counter-terrorist financing regime.
