Money Laundering: Scotland
2026-07-13 · Treasury · 18673 · Official question
Question
To ask the Chancellor of the Exchequer, what discussions she has had with the Scottish Government on the proposed changes required to Scottish devolved legislation for the transfer of anti-money laundering supervision from the Law Society of Scotland to t
Answer
Reform of the UK’s anti-money laundering and counter-terrorist financing (AML/CTF) supervision regime will improve the effectiveness and consistency of supervision that regulated firms receive. It will not change the underlying obligations firms must meet...