JMLSG today publishes final amendments to the following text in Part II of its Guidance: Sector 5 (Wealth management); Sector 6 (Financial advisers); Sector 11A (Consumer credit providers); Sector 13 (Private Equity); and Sector 22 (Cryptoasset exchange providers and custodian wallet providers). These have been submitted to HM Treasury for Ministerial approval, and may be accessed under the “Revisions” tab.

Amendments have also been made to Part I Chapter 6 Paragraphs 6.70-6.71, to highlight the ability the Financial Ombudsman has to effectively handle complaints with a money laundering element. The amended paragraphs may be accessed under the “Revisions” tab.