# The Money Laundering and Terrorist Financing (Amendment) Regulations 2026, Regulation 16: Amendment of regulation 30 (timing of verification)


In regulation 30—
(a) in paragraph (1), for “This”, substitute “Subject to paragraph (1A), this”;
(b) after paragraph (1), insert—
“(1A) This regulation does not apply to a credit institution in relation to an insolvent bank customer where regulation 30ZA applies.”;
(c) after paragraph (7), insert—
“(8) In this regulation, “insolvent bank customer” has the meaning given in regulation 30ZA(5).”.

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Source: https://www.legislation.gov.uk/ukdsi/2026/9780348281743/regulation/16 (the official version)
Page: https://openlegislation.uk/draft-money-laundering-and-terrorist-financing-amendment-regulations-2026/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.