Politically Exposed Persons
Commons · Question 37984 · Tabled 13 Mar 2025 · Treasury · Official record
Answered 18 Mar 2025
Question
Asked by Gregory Campbell
To ask the Chancellor of the Exchequer, when the Financial Conduct Authority will publish revised guidance on politically exposed persons under the Money Laundering and Terrorist Financing (Amendment) Regulations 2023.
Answer
Answered by Emma Reynolds, 18 Mar 2025
The Government has been working closely with the FCA to follow up on the findings of its review into the treatment of Politically Exposed Persons by financial institutions, and to ensure firms improve their practices where necessary. The FCA expects that ...