The Money Laundering and Terrorist Financing (Amendment) Regulations 2019

Statutory Instruments

2019 No. 1511

Financial Services

The Money Laundering and Terrorist Financing (Amendment) Regulations 2019

Made

19th December 2019

Laid before Parliament

20th December 2019

Coming into force in accordance with regulation 1

The Treasury are designated(1) for the purposes of section 2(2) of the European Communities Act 1972(2) 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, paragraph 5 of Schedule 3A to the Terrorism Act 2000(3) and paragraph 5 of Schedule 9 to the Proceeds of Crime Act 2002(4), make the following Regulations.

(1)

S.I. 2007/2133.

(2)

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).

(3)

2000 c. 11. Schedule 3A was inserted by section 3 of the Anti-Terrorism, Crime and Security Act 2001 (c.24).

(4)

2002 c. 29.