SCHEDULES

SCHEDULE 2Money laundering and terrorist financing etc

Regulations under section 49

I18

1

Confer supervisory functions on a prescribed body (an “oversight body”) in relation to bodies prescribed as, or seeking to be prescribed as, supervisory authorities, including powers or duties to—

a

collect information,

b

give directions,

c

issue guidance, and

d

give recommendations as to whether bodies should be, or should cease to be, prescribed as supervisory authorities.

2

Make provision about the exercise of functions conferred on an oversight body under sub-paragraph (1).