On 29 November 2018, a draft version of the Money Laundering and Transfer of Funds (Information) (Amendment) (EU Exit) Regulations 2018, together with an explanatory memorandum, was published on legislation.gov.uk.

The draft statutory instrument makes amendments to retained EU law related to anti-money laundering to ensure that it continues to operate effectively in a UK context once the UK leaves the EU. In particular, the draft statutory instrument amends the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and the EU Regulation on information accompanying transfers of funds.

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