JMLSG today publishes proposed amendments to Part II of its Guidance, following general reviews of the guidance relevant to each particular sector.

The following text will be affected and is available in marked up format under the Consultations tab:

  • Sectors 5 (Wealth management) and 6 (Financial advisers)
  • Sector 8 (Non-life providers of investment fund products)
  • Sector 9 (Discretionary and advisor investment management)
  • Sector 11A (Consumer credit providers)
  • Sector 13 (Private equity)
  • Sector 22 (Cryptoasset providers and custodian wallet providers)

Comments on the proposed revisions should be received by 13th January 2023.

These should be sent to Carol Smit at