Regulation 13 Obligations concerning risk management

(1)

In Article 27, in paragraph 1, for the words from “Directive” to “Council” substitute “the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017^f1”.

(2)

In Article 28—

(a)

in paragraphs 4 and 5, for “competent authority of the MMF” substitute “FCA”;

(b)

omit paragraph 6; and

(c)

in paragraph 7, for “ESMA” substitute “The FCA”.

Annotations

Footnotes

f1: S.I. 2017/692.