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The Money Laundering Regulations 2007 (revoked)

S.I. 2007/2157 · Made 24 July 2007 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 26 June 2017.

FINANCIAL SERVICES

Made 24th July 2007

Laid before Parliament 25th July 2007

Coming into force 15th December 2007

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Annotations to the whole text

Textual amendments

F1

Regulations revoked (26.6.2017) by The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (S.I. 2017/692), regs. 1(2), 110 (with regs. 8, 15)

Contents

  1. Part 1: GENERAL Repealed
  2. 1Citation, commencement etc. Repealed
  3. 2Interpretation Repealed
  4. 3Application of the Regulations Repealed
  5. 4Exclusions Repealed
  6. Part 2: CUSTOMER DUE DILIGENCE Repealed
  7. 5Meaning of customer due diligence measures Repealed
  8. 6Meaning of beneficial owner Repealed
  9. 7Application of customer due diligence measures Repealed
  10. 8Ongoing monitoring Repealed
  11. 9Timing of verification Repealed
  12. 10Casinos Repealed
  13. 11Requirement to cease transactions etc. Repealed
  14. 12Exception for trustees of debt issues Repealed
  15. 13Simplified due diligence Repealed
  16. 14Enhanced customer due diligence and ongoing monitoring Repealed
  17. 15Branches and subsidiaries Repealed
  18. 16Shell banks, anonymous accounts etc. Repealed
  19. 17Reliance Repealed
  20. 18Directions where Financial Action Task Force applies counter-measures Repealed
  21. Part 3: RECORD-KEEPING, PROCEDURES AND TRAINING Repealed
  22. 19Record-keeping Repealed
  23. 20Policies and procedures Repealed
  24. 21Training Repealed
  25. Part 4: SUPERVISION AND REGISTRATION Repealed
  26. Interpretation Repealed
  27. 22Interpretation Repealed
  28. Supervision Repealed
  29. 23Supervisory authorities Repealed
  30. 24Duties of supervisory authorities Repealed
  31. 24ADisclosure by supervisory authorities Repealed
  32. Registration of high value dealers, money service businesses and trust or company service providers Repealed
  33. 25Duty to maintain registers Repealed
  34. 26Requirement to be registered Repealed
  35. 27Applications for registration in a register maintained under regulation 25 Repealed
  36. 28Fit and proper test Repealed
  37. 29Determination of applications under regulation 27 Repealed
  38. 30Cancellation of registration in a register maintained under regulation 25 Repealed
  39. Requirement to inform the Authority Repealed
  40. 31Requirement on authorised person to inform the Authority Repealed
  41. Registration of Annex I financial institutions, estate agents etc. Repealed
  42. 32Power to maintain registers Repealed
  43. 33Requirement to be registered Repealed
  44. 34Applications for and cancellation of registration in a register maintained under regulation 32 Repealed
  45. Financial provisions Repealed
  46. 35Costs of supervision Repealed
  47. Part 5: ENFORCEMENT Repealed
  48. Powers of designated authorities Repealed
  49. 36Interpretation Repealed
  50. 37Power to require information from, and attendance of, relevant and connected persons Repealed
  51. 38Entry, inspection without a warrant etc. Repealed
  52. 39Entry to premises under warrant Repealed
  53. 40Failure to comply with information requirement Repealed
  54. 41Powers of relevant officers Repealed
  55. Civil penalties, review and appeals Repealed
  56. 42Power to impose civil penalties Repealed
  57. 43Appeals against decisions of the Commissioners Repealed
  58. 43AOffer of review Repealed
  59. 43BReview by the Commissioners Repealed
  60. 43CExtensions of time Repealed
  61. 43DReview out of time Repealed
  62. 43ENature of review etc Repealed
  63. 43FBringing of appeals against decisions of the Commissioners Repealed
  64. 44Appeals Repealed
  65. Criminal offences Repealed
  66. 45Offences Repealed
  67. 46Prosecution of offences Repealed
  68. 47Offences by bodies corporate etc. Repealed
  69. Part 6: MISCELLANEOUS Repealed
  70. 48Recovery of charges and penalties through the court Repealed
  71. 49Obligations on public authorities Repealed
  72. 49ADisclosure by the Commissioners Repealed
  73. 50Transitional provisions: requirement to be registered Repealed
  74. 51Minor and consequential amendments Repealed
  75. Signature
  76. Schedule 1: Activities listed in points 2 to 12, 14 and 15 of Annex 1 to the capital requirements directive Repealed
  77. 2Paragraph 2 Repealed
  78. 3Paragraph 3 Repealed
  79. 4Paragraph 4 Repealed
  80. 5Paragraph 5 Repealed
  81. 6Paragraph 6 Repealed
  82. 7Paragraph 7 Repealed
  83. 8Paragraph 8 Repealed
  84. 9Paragraph 9 Repealed
  85. 10Paragraph 10 Repealed
  86. 11Paragraph 11 Repealed
  87. 12Paragraph 12 Repealed
  88. 14Paragraph 14 Repealed
  89. 15Paragraph 15 Repealed
  90. Schedule 2: FINANCIAL ACTIVITY, SIMPLIFIED DUE DILIGENCE AND POLITICALLY EXPOSED PERSONS Repealed
  91. 1Financial activity on an occasional or very limited basis Repealed
  92. 2Simplified due diligence Repealed
  93. 3Paragraph 3 Repealed
  94. 4Politically exposed persons Repealed
  95. Schedule NonBreakingSpace3: Professional Bodies Repealed
  96. 1Paragraph 1 Repealed
  97. 2Paragraph 2 Repealed
  98. 3Paragraph 3 Repealed
  99. 4Paragraph 4 Repealed
  100. 4AParagraph 4A Repealed
  101. 5Paragraph 5 Repealed
  102. 6Paragraph 6 Repealed
  103. 7Paragraph 7 Repealed
  104. 8Paragraph 8 Repealed
  105. 9Paragraph 9 Repealed
  106. 10Paragraph 10 Repealed
  107. 11Paragraph 11 Repealed
  108. 12Paragraph 12 Repealed
  109. 13Paragraph 13 Repealed
  110. 14Paragraph 14 Repealed
  111. 15Paragraph 15 Repealed
  112. 16Paragraph 16 Repealed
  113. 17Paragraph 17 Repealed
  114. 18Paragraph 18 Repealed
  115. 19Paragraph 19 Repealed
  116. 20Paragraph 20 Repealed
  117. 21Paragraph 21 Repealed
  118. 22Paragraph 22 Repealed
  119. Schedule 4: CONNECTED PERSONS Repealed
  120. Part: Corporate bodies Repealed
  121. 1Paragraph 1 Repealed
  122. Part: Partnerships Repealed
  123. 2Paragraph 2 Repealed
  124. Part: Unincorporated associations Repealed
  125. 3Paragraph 3 Repealed
  126. Part: Individuals Repealed
  127. 4Paragraph 4 Repealed
  128. Schedule 5: MODIFICATIONS IN RELATION TO APPEALS Repealed
  129. Part 1: Primary legislation Repealed
  130. 1The Value Added Tax Act 1994 (c. 23) Repealed
  131. 2The Financial Services and Markets Act 2000 (c. 8) Repealed
  132. Part 2: Secondary legislation Repealed
  133. 3The Financial Services and Markets Tribunal Rules 2001 Repealed
  134. Schedule 6: MINOR AND CONSEQUENTIAL AMENDMENTS Repealed
  135. Part 1: Primary legislation Repealed
  136. 1The Value Added Tax Act 1994 (c. 23) Repealed
  137. 2The Northern Ireland Act 1998 (c. 47) Repealed
  138. 3The Criminal Justice and Police Act 2001 (c. 16) Repealed
  139. Part 2: Secondary legislation Repealed
  140. 4The Independent Qualified Conveyancers (Scotland) Regulations 1997 Repealed
  141. 5The Executry Practitioners (Scotland) Regulations 1997 Repealed
  142. 6The Cross-Border Credit Transfers Regulations 1999 Repealed
  143. 7The Terrorism Act 2000 (Crown Servants and Regulators) Regulations 2001 Repealed
  144. 8The Representation of the People (England and Wales) Regulations 2001 Repealed
  145. 9The Representation of the People (Scotland) Regulations 2001 Repealed
  146. 10The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 Repealed
  147. 11The Proceeds of Crime Act 2002 (Failure to Disclose Money Laundering: Specified Training) Order 2003 Repealed
  148. 12The Public Contracts (Scotland) Regulations 2006 Repealed
  149. 13The Utilities Contracts (Scotland) Regulations 2006 Repealed
  150. 14The Public Contracts Regulations 2006 Repealed
  151. 15The Utilities Contracts Regulations 2006 Repealed
  152. Explanatory note