# The Data-gathering Powers (Relevant Data) Regulations 2012, Regulation 11D: Money service businesses


(1) The relevant data for a data-holder of the type described in paragraph 13D of Schedule 23 are—
(a) records required to be kept by the data-holder under regulation 40 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017;
(b) the quantity and value of transactions carried out by the data-holder for a customer during any period;
(c) identifying information relating to a customer; and
(d) where, in a transaction carried out by the data-holder for a customer, there is a beneficial owner who is not the customer, identifying information relating to the beneficial owner.
(2) In this regulation “beneficial owner” has the meaning given by regulations 5 and 6 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

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Source: https://www.legislation.gov.uk/uksi/2012/847/regulation/11D (the official version)
Page: https://openlegislation.uk/data-gathering-powers-relevant-data-regulations-2012/regulation-11D
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.