{
  "url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023",
  "json_url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023.json",
  "id": "uksi/2023/1371",
  "title": "The Money Laundering and Terrorist Financing (Amendment) Regulations 2023",
  "short_title": "Money Laundering and Terrorist Financing 2023",
  "long_title": "These Regulations amend the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692) (the “MLRs”) to secure the result referred to in section 77(3) of the Financial Services and Markets Act 2023 (c. 29); that for the purposes of assessments under regulation 35(3) of the MLRs, where the customer is a domestic PEP (a politically exposed person), or a family member or known close associate of a domestic PEP, the starting point for the assessment is that the customer presents a lower level of risk than a non-domestic PEP. The extent of enhanced customer due diligence measures to be applied in relation to that customer should be less than for non-domestic PEPs, unless enhanced risk factors apply.",
  "citation": "S.I. 2023/1371",
  "type": "uksi",
  "year": "2023",
  "number": "1371",
  "version": "current",
  "date": "2023-12-13",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation, commencement and extent",
      "url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/regulation-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Enhanced customer due diligence: politically exposed persons",
      "url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/regulation-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "has_text": true,
  "pdfs": [
    {
      "title": "Printed copy",
      "main": true,
      "language": null,
      "date": "2023-12-14",
      "size": 34074,
      "url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/pdf/uksi_20231371_en.pdf",
      "source_url": "https://www.legislation.gov.uk/uksi/2023/1371/pdfs/uksi_20231371_en.pdf"
    },
    {
      "title": "UK Explanatory Memorandum",
      "main": false,
      "language": null,
      "date": "2023-12-14",
      "size": 51529,
      "url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/pdf/uksiem_20231371_en_001.pdf",
      "source_url": "https://www.legislation.gov.uk/uksi/2023/1371/pdfs/uksiem_20231371_en_001.pdf"
    }
  ],
  "outstanding_effects": [],
  "made_under": [
    {
      "id": "ukpga/2018/13",
      "title": "Sanctions and Anti-Money Laundering Act 2018",
      "url": "https://openlegislation.uk/sanctions-and-anti-money-laundering-act-2018",
      "provisions": [
        "section/49",
        "schedule/2/paragraph/3",
        "schedule/2/paragraph/4",
        "schedule/2/paragraph/23"
      ]
    }
  ],
  "changes_made_to": 0,
  "changes_made_to_url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/changes.json",
  "changes_made_by": 3,
  "changes_made_by_url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/money-laundering-and-terrorist-financing-amendment-regulations-2023/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2023/1371",
    "retrieved_at": "2026-10-28T21:37:03.475542+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."
}