{
  "url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-eu-exit-regulations-2020/introduction",
  "json_url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-eu-exit-regulations-2020/introduction.json",
  "legislation": "uksi/2020/991",
  "legislation_title": "The Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020",
  "legislation_url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-eu-exit-regulations-2020",
  "path": "introduction",
  "kind": "introduction",
  "number": null,
  "heading": "Introductory text",
  "text": "Exiting The European Union\nFinancial Services\nSift requirements satisfied 11th September 2020\nMade 14th September 2020\nLaid before Parliament 15th September 2020\nComing into force in accordance with regulation 1\nThe Treasury are designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to the prevention of money laundering and terrorist financing.\nThe Treasury, in exercise of the powers conferred by section 2(2) of that Act, and by section 8(1) of the European Union (Withdrawal) Act 2018, make the following Regulations.\nThe requirements of paragraph 3(2) of Schedule 7 to the European Union (Withdrawal) Act 2018 (relating to the appropriate Parliamentary procedure for these Regulations) have been satisfied.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2007/2133."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "1972 c. 68. The European Communities Act 1972 was repealed by section 1 of the European Union (Withdrawal) Act 2018 (c. 16) with effect from exit day, but saved with modifications until IP completion day by section 1A of that Act (as inserted by section 1 of the European Union (Withdrawal Agreement) Act 2020 (c. 1)). Section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c. 51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c. 7). By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act 1993 (c. 51), an order may be made under section 2(2) of the European Communities Act 1972 to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed in Brussels on 17th March 1993 (Cm 2183)."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "2018 c. 16."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2020/991/introduction",
    "retrieved_at": "2026-10-28T22:25:40.093124+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."
}