{
  "url": "https://openlegislation.uk/draft-money-laundering-and-terrorist-financing-amendment-regulations-2026/regulation-14",
  "json_url": "https://openlegislation.uk/draft-money-laundering-and-terrorist-financing-amendment-regulations-2026/regulation-14.json",
  "legislation": "ukdsi/2026/9780348281743",
  "legislation_title": "The Money Laundering and Terrorist Financing (Amendment) Regulations 2026",
  "legislation_url": "https://openlegislation.uk/draft-money-laundering-and-terrorist-financing-amendment-regulations-2026",
  "path": "regulation/14",
  "kind": "regulation",
  "number": "14",
  "heading": "Amendment of regulation 27 (customer due diligence)",
  "text": "In regulation 27—\n(a) in paragraph (1)(b), for “1,000 euros” substitute “£800”;\n(b) in paragraph (2), for “15,000 euros” substitute “£12,000”;\n(c) in paragraph (3), for “10,000 euros” substitute “£10,000”;\n(d) in paragraph (5), for “2,000 euros” substitute “£2,000”;\n(e) in paragraph (7), for “2,000 euros” substitute “£2,000”;\n(f) in paragraph (7A)—\n(i) in the opening words, insert “occasional” after “any”;\n(ii) in sub-paragraph (ii), for “10,000 euros” substitute “£10,000”;\n(g) in paragraph (7C)(a)—\n(i) insert “occasional” after “any such”;\n(ii) for “or series of linked transactions,” substitute “whether executed in a single operation or in several operations which appear to be linked,”;\n(iii) for “10,000 euros” substitute “£10,000”;\n(h) in paragraph (7C)(b), for “10,000 euros” substitute “£10,000”;\n(i) in paragraph (7E), for “1,000 euros” substitute “£800”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Paragraph (2) of regulation 27 was amended by S.I. 2019/1511 and S.I. 2022/860; paragraphs (7A) and (7C) were inserted by S.I. 2019/1511; paragraph (7E) was inserted by S.I. 2022/860."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2026/9780348281743/regulation/14",
    "retrieved_at": "2026-10-30T14:37:37.177831+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}