The Joint Money Laundering Steering Group (JMLSG) today publishes a proposed new sectoral piece in Part II of its Guidance, which has been considered by the Editorial Panel and the Board. The proposed sectoral piece takes into account The Money Laundering and Terrorist Financing (Amendment) Regulations 2019 which brings cryptoasset exchange providers and custodian wallet providers into scope of the Money Laundering Regulations.
The Consultation text of the proposed new Sector 22 within Part II may be
accessed under the “Consultations” tab.