http://www.legislation.gov.uk/uksi/2017/692/introductionThe Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017texttext/xmlenStatute Law DatabaseFINANCIAL SERVICES2026-02-25Expert Participation2026-02-25 These Regulations replace the Money Laundering Regulations 2007 (S.I. 2007/2157) and the Transfer of Funds (Information on the Payer) Regulations 2007 (S.I. 2007/3298) with updated provisions that implement in part the Fourth Money Laundering Directive 2015/849/EU (“fourth money laundering directive”) of the European Parliament and of the Council of 20th May 2015 on the prevention of the use of the financial system for the purpose of money laundering or terrorist financing (OJ L 141, 05.06.2015, p.73) and the Funds Transfer Regulation 2015/847/EU (“funds transfer regulation”) of the European Parliament and of the Council of 20th May 2015 on information accompanying transfers of funds (OJ L 141, 05.06.2015, p.1). The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017reg. 3(1)The Money Laundering and Transfer of Funds (Information) (Amendment) (EU Exit) Regulations 2019reg. 3(b)reg. 1(2) 2017 No. 692Madeat 9.20 a.m. on 22nd June 2017Laid before Parliamentat 4.30 p.m. on 22nd June 2017Coming into force26th June 2017The Treasury are designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to the prevention of money laundering and terrorist financing.The Treasury in exercise of the powers conferred by section 2(2) of that Act and by sections 168(4)(b), 402(1)(b), 417(1) and 428(3) of the Financial Services and Markets Act 2000 , make the following Regulations.S.I. 2007/2133.1972 c. 68. Section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c. 51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c. 7). By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act 1993 (c. 51), an order may be made under section 2(2) of the European Communities Act 1972 to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed in Brussels on 17th March 1993 (Cm 2183).2000 c.8; section 168(4)(b) was amended by the Financial Services Act 2012 (c.21), Schedule 12, Part 1; section 402(1) was amended by the Financial Services Act 2012 (c.21), Schedule 9, Parts 1 and 7; and section 417(1) was amended by section 48(1)(d) of the Financial Services Act 2012 (c.21). There are other amendments to section 417(1) which are not relevant to these Regulations.Regulations: power to modify conferred (17.12.2024) by 2023 c. 29, ss. 13, 17 (as amended by The Financial Services and Markets Act 2023 (Addition of Relevant Enactments) Regulations 2024 (S.I. 2024/1347), regs. 1(2), 2(2)(b))Regulations applied (with modifications) (3.3.2025) by S.I. 2023/1398, reg. 6, Sch. Pt. 6 (as amended by The Financial Services and Markets Act 2023 (Digital Securities Sandbox) (Amendment) Regulations 2025 (S.I. 2025/93), regs. 1(2), 7(1))