On the 18th December 2013 the Money Laundering (Amendment No. 6) Order came into force – the changes included
- 1Interpretation
- 2Article 1 amended
- 3Article 10A amended
- 4Article 11 amended
- 5Article 13 amended
- 6Article 16 substituted
- 7Article 17 substituted
- 8Article 18 amended
- 9Article 19 amended
- 10Article 22A amended
Within the above an important change for all firms is the following:-
After paragraph (3) there shall be inserted the following paragraphs –
“(3A) The appropriate time for applying the identification measure of finding out the identity of a person (as required by Article 3(4)) is a date that is not later than 31st December 2014, or such later date as may be agreed in writing by the Commission upon application by the relevant person to the Commission on or before 31st December 2014.
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