Consultation Responses: Anti-Money Laundering

HM Treasury and the Financial Conduct Authority have run a series of consultations in relation to the UK’s approach to Anti-Money Laundering and Terrorist Financing (AML/CFT) since 2016, including in relation to the establishment of the Office for Professional Body Anti-Money Laundering Supervision which took place in early 2018. Read the Bar’s responses to these consultation exercises:

Transposition of the Fourth Money Laundering Directive (December 2016)

Money Laundering Regulations 2017 (April 2017)

AML Supervisory Regime: Response and Call for Further Information (April 2017)

The Draft Oversight of Professional Body AML Supervision Regulations (August 2017)

Office for Professional Body Anti-Money Laundering Supervision: A Sourcebook for Professional Body Supervisors (October 2017)

Joint Letter from the Bar of England and Wales, the Faculty of Advocates and the Bar of Northern Ireland to HM Treasury (October 2017)

Recovering the Costs of the Office for Professional Body Anti-Money Laundering Supervision: Fees Proposals (January 2018)

Joint Letter from the Bar of England and Wales, the Faculty of Advocates and the Bar of Northern Ireland to HM Treasury (January 2018)

Amended Data Definition as a Measure for Calculating OPBAS fees (April 2018)

OPBAS Proposed Fee Rates for 2018-2019 (December 2018)

Financial Action Task Force: Draft Risk-Based Approach Guidance for Legal Professionals (April 2019)

OPBAS Further Consultation on Fees Structure (April 2019)