Money Laundering: Scotland
2026-07-13 · Treasury · 18674 · Official question
Question
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the proposed transfer of anti-money laundering supervision from the Law Society of Scotland to the Financial Conduct Authority on (a) the conveyanci
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...