The Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) (No 3) Regulations, SI 2022/1183, update the list of high-risk third countries in Sch 3ZA to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations, SI 2017/692 (MLRs) in relation to which enhanced due diligence requirements apply (under reg 33(3) of the MLRs). Democratic Republic of the Congo, Mozambique and Tanzania are added to the list, and Nicaragua and Pakistan are removed. The regulations came into force on 15 November 2022.
The Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) (No 3) Regulations, SI 2022/1183, update the list of high-risk third countries in Sch 3ZA to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations, SI 2017/692 (MLRs) in relation to which enhanced due diligence requirements apply (under reg 33(3) of the MLRs). Democratic Republic of the Congo, Mozambique and Tanzania are added to the list, and Nicaragua and Pakistan are removed. The regulations came into force on 15 November 2022.
