Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLR 2017)
Effective: 26 Jun 2017
Last amended: 30 Jun 2026
Plain-English summary
The UK's principal AML rules. They require risk assessments, customer due diligence (standard, simplified and enhanced), beneficial-ownership checks, PEP screening, record keeping, and registration of cryptoasset businesses with the FCA.
Australia's financial intelligence unit has initiated a formal investigation into Western Union's anti-money laundering framework and compliance infrastructure. The regulatory examination focuses on the company's paymen…
The Reserve Bank of India imposed a monetary penalty of ₹3.10 lakh on Ola Financial Services Private Limited for non-compliance with KYC directions under the Payment and Settlement Systems Act, 2007. Following a statuto…
Create a free account to keep reading
You've used your free views for this month. A free account removes the limit —
no credit card, under a minute.
Spotted something wrong, missing or worth adding? Tell our editors. Every submission
is reviewed and verified against its source before anything changes — nothing you send appears on the
site automatically.
Thank you — our editors will review this
Your suggestion has been received. Contributions from practitioners keep these profiles accurate. Nothing appears on the site until an editor has verified it against its source.
