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United Kingdom · Question · Written question

UIN 408

Money Laundering

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

6 January 2020

Last action

14 January 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

14 January 2020

Summary

To ask the Chancellor of the Exchequer, what his policy is on preventing banks in the UK being used as depositories in the laundering of state funds from other nations.

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Timeline

  1. 6 January 2020

    Written question

    To ask the Chancellor of the Exchequer, what his policy is on preventing banks in the UK being used as depositories in the laundering of state funds from other nations.

    Source: Commons

  2. 14 January 2020

    Answer

    HM Treasury is responsible for the Money Laundering Regulations 2017 (‘the Regulations’). The Regulations set out the high-level requirements on regulated firms to combat money laundering and ensure that key professionals identify their customers and unde...

    Source: Written answer

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