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Money Laundering Regulations 2003 [SI 2003 No. 3075]Introductory TextPart I General (regs. 1-2)Regulation 1 Citation, commencement etc.Regulation 2 InterpretationPart II Obligations on persons who carry on relevant business (regs. 3-8)Regulation 3 Systems and training etc. to prevent money launderingRegulation 4 Identification proceduresRegulation 5 ExceptionsRegulation 6 Record-keeping proceduresRegulation 7 Internal reporting proceduresRegulation 8 CasinosPart III Money service operators and high value dealers (regs. 9-25)Registration (regs. 9-14)Regulation 9 Registers of money service operators and high value dealersRegulation 10 Requirement to be registeredRegulation 11 Supplementary informationRegulation 12 Determination of application to registerRegulation 13 Cancellation of registrationRegulation 14 FeesPowers of the Commissioners (regs. 15-19)Regulation 15 Entry, inspection etc.Regulation 16 Order for access to recorded informationRegulation 17 Procedure where recorded information is removedRegulation 18 Failure to comply with requirements under regulation 17Regulation 19 Entry, search etc.Penalties, review and appeals (regs. 20-22)Regulation 20 Power to impose penaltiesRegulation 21 Review procedureRegulation 22 Appeals to a VAT and duties tribunalMiscellaneous (regs. 23-25)Regulation 23 Prosecution of offences by the CommissionersRegulation 24 Recovery of fees and penalties through the courtRegulation 25 Authorised persons operating a bureau de changePart IV Miscellaneous (regs. 26-30)Regulation 26 Supervisory authorities etc. to report evidence of money launderingRegulation 27 Offences by bodies corporate etc.Regulation 28 Prohibitions in relation to certain countriesRegulation 29 Minor and consequential amendmentsRegulation 30 Transitional provisionsSchedule 1 Activities listed in Annex 1 to the Banking Consolidation DirectiveSchedule 2 Minor and consequential amendmentsSchedule 2, Part I Primary Legislation (paras. 1-2)Schedule 2, Part II Secondary Legislation (paras. 3-8)SignatureExplanatory Note
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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Published date: 28 November 2003

Money Laundering Regulations 2003 [SI 2003 No. 3075]

Introductory Text
Part I General (regs. 1-2)
Regulation 1 Citation, commencement etc.
Regulation 2 Interpretation
Part II Obligations on persons who carry on relevant business (regs. 3-8)
Regulation 3 Systems and training etc. to prevent money laundering
Regulation 4 Identification procedures
Regulation 5 Exceptions
Regulation 6 Record-keeping procedures
Regulation 7 Internal reporting procedures
Regulation 8 Casinos
Part III Money service operators and high value dealers (regs. 9-25)
Registration (regs. 9-14)
Regulation 9 Registers of money service operators and high value dealers
Regulation 10 Requirement to be registered
Regulation 11 Supplementary information
Regulation 12 Determination of application to register
Regulation 13 Cancellation of registration
Regulation 14 Fees
Powers of the Commissioners (regs. 15-19)
Regulation 15 Entry, inspection etc.
Regulation 16 Order for access to recorded information
Regulation 17 Procedure where recorded information is removed
Regulation 18 Failure to comply with requirements under regulation 17
Regulation 19 Entry, search etc.
Penalties, review and appeals (regs. 20-22)
Regulation 20 Power to impose penalties
Regulation 21 Review procedure
Regulation 22 Appeals to a VAT and duties tribunal
Miscellaneous (regs. 23-25)
Regulation 23 Prosecution of offences by the Commissioners
Regulation 24 Recovery of fees and penalties through the court
Regulation 25 Authorised persons operating a bureau de change
Part IV Miscellaneous (regs. 26-30)
Regulation 26 Supervisory authorities etc. to report evidence of money laundering
Regulation 27 Offences by bodies corporate etc.
Regulation 28 Prohibitions in relation to certain countries
Regulation 29 Minor and consequential amendments
Regulation 30 Transitional provisions
Schedule 1 Activities listed in Annex 1 to the Banking Consolidation Directive
Schedule 2 Minor and consequential amendments
Schedule 2, Part I Primary Legislation (paras. 1-2)
Schedule 2, Part II Secondary Legislation (paras. 3-8)
Signature
Explanatory Note
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