{
  "url": "https://openlegislation.uk/money-laundering-and-transfer-of-funds-information-amendment-eu-exit-regulations-2019/regulation-5",
  "json_url": "https://openlegislation.uk/money-laundering-and-transfer-of-funds-information-amendment-eu-exit-regulations-2019/regulation-5.json",
  "legislation": "uksi/2019/253",
  "legislation_title": "The Money Laundering and Transfer of Funds (Information) (Amendment) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/money-laundering-and-transfer-of-funds-information-amendment-eu-exit-regulations-2019",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Part 2: Money laundering and terrorist financing - risk assessment and controls",
  "text": "(1) In regulation 16—\n(a) paragraph (5) is omitted;\n(b) in paragraph (7), omit sub-paragraphs (c), (d) and (e).\n(2) In regulation 17, in paragraph (2), omit sub-paragraphs (a) and (b).\n(3) In regulation 20—\n(a) omit paragraph (2);\n(b) after paragraph (5), insert—\n“(6) The FCA may make technical standards specifying—\n(a) what additional measures are required from credit institutions and financial institutions under paragraph (4); and\n(b) the minimum action to be taken by credit institutions and financial institutions where paragraph (4) applies.”.\n(4) Omit regulation 22.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 5 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/253/regulation/5",
    "retrieved_at": "2026-10-28T22:47:31.519699+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."
}