HMRC has confirmed the Money Laundering and Terrorist Financing (Amendment) (No.2) (High-Risk Countries) Regulations 2021 have come into force today (13 July).
HMRC has also amended the list of high-risk third countries specified in Schedule 3ZA, which replicates those countries listed by the Financial Action Task Force as high risk, or under increased monitoring.
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations...