On 6 March 2023, the Joint Money Laundering Steering Group (JMLSG) published revisions to its Guidance.
The JMLSG published 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)
- Sector 22 (cryptoasset exchange providers and custodian wallet providers)
These have been submitted to HM Treasury for Ministerial approval.