The FCA has published a high-level guide to financial crime for consumer credit firms. The guide includes examples of good and poor practice for firms under the Money Laundering Regulations 2007 and guidance on steps that firms can take to reduce financial crime risk. The guidance is arranged thematically, by reference to risk assessment, policies […]

The Joint Money Laundering Steering Group (JMLSG) has approved final guidance for consumer credit providers. This follows consultation earlier this year    Copies of the guidance file:///D:/Users/942965014/Downloads/BBA01-425703-v1-Consumer_credit_Guidance_text_Mar_14.pdf and the related press release  http://www.jmlsg.org.uk/news/guidance-for-consumer-credit-provider