4[F1(1)]Require relevant persons to take prescribed measures in relation to their customers in prescribed circumstances.U.K.
[F2(2)Provide for the imposition of requirements relating to enhanced customer due diligence measures by reference to prescribed high-risk countries.
(3)Provision made by virtue of sub-paragraph (2) may in particular refer to a list of countries published by the Financial Action Task Force as it has effect from time to time.]
Textual Amendments
F1 Sch. 2 para. 4 renumbered as Sch. 2 para. 4(1) (26.10.2023 for specified purposes, 15.1.2024 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 187(2)(a)(i), 219(1)(2)(b); S.I. 2023/1206, reg. 3(g)
F2Sch. 2 para. 4(2)(3) inserted (26.10.2023 for specified purposes, 15.1.2024 in so far as not already in force) by Economic Crime and Corporate Transparency Act 2023 (c. 56), ss. 187(2)(a)(ii), 219(1)(2)(b); S.I. 2023/1206, reg. 3(g)
Commencement Information
I1Sch. 2 para. 4 in force at 31.12.2020 by S.I. 2020/1535, reg. 3(d)