The Joint Money Laundering Steering Group is made up of the leading UK Trade Associations in the Financial Services Industry. Its aim is to promulgate good practice in countering money laundering and to give practical assistance in interpreting the UK Money Laundering Regulations. This is primarily achieved by the publication of industry guidance.
JMLSG Board appoints new chair07 Dec 2009
Sally Scutt, Deputy Chief Executive of the British Bankers' Association takes over as JMLSG chair with immediate effect.
Amendments to 2007 Guidance03 Dec 2009
After reviewing comments received on the consultation version published in August (Part I) and September (Part II), JMLSG today publishes final amendments to its December 2007 Guidance, which have been submitted to HM Treasury for Ministerial approval.
Although the new Guidance will only take over the 'legal' status of the existing Guidance once it has been approved by a Treasury Minister, firms are free to use the provisions of the new Guidance immediately, if they wish to do so.
Proposed revision to Part II of the Guidance19 Sep 2009
As explained in the note accompanying the publication of proposed amendments to the Part I text (6 August 2009), the JMLSG Board has carried out a review of its Money Laundering Guidance for the Financial Sector.
Proposed revision to Part I of the Guidance 06 Aug 2009
Over the past few months, the JMLSG Board has carried out a review of its Money Laundering Guidance.
Amendments to 2007 Guidance26 Feb 2009
The JMLSG Board has approved an addition to Part I of its December 2007 Guidance, to provide industry guidance on compliance with directions issued under the Counter-Terrorism Act 2008, Schedule 7. This addition to its Guidance has been submitted to HM Treasury for formal Ministerial approval.
Guidance on Equivalent Markets21 Jan 2009
JMLSG has today published on its website guidance on Equivalent Markets.
Proposed amendments to 2007 Guidance21 Jan 2009
JMLSG today publishes a proposed addition to Part I of its December 2007 Guidance, to provide industry guidance on compliance with directions issued under the Counter-Terrorism Act 2008, Schedule 7. Comments on the proposed guidance are invited by 20 February 2009.
Amendments to 2007 Guidance (26 November 2008)26 Nov 2008
After reviewing comments received on the consultation version published in August, JMLSG today publishes final amendments to Part I of its December 2007 Guidance
Revised Guidance on Equivalent Jurisdictions08 Aug 2008
JMLSG has today published on its website revised guidance on Equivalent Jurisdictions
JMLSG Board appoints new chairman04 Apr 2008
JMLSG is pleased to announce that Jonathan Taylor, Director General of the London Investment Banking Association will be its next Chairman.
Martin Hall awarded MBE in the New Years Hours List21 Jan 2008
Martin Hall, the JMLSG Chairman, has been awarded an MBE for his services to the financial services industry.
JMLSG welcomes HM Treasury approval of new industry guidance 18 Dec 2007
The Joint Money Laundering Steering Group welcomes the Treasury's approval of the revised JMLSG guidance for the financial services industry, as set out in the attached letter from the chancellor.
Revised guidance13 Nov 2007
The JMLSG Board has approved revisions to its Guidance to reflect changes in the UK AML regime to be introduced by the Money Laundering Regulations 2007.
Amendments to guidance following consultation13 Nov 2007
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