
1 

(1) These Regulations may be cited as the Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2024.
(2) These Regulations come into force on 23rd January 2024.
(3) These Regulations extend to England and Wales, Scotland and Northern Ireland.
2 

(1) The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 are amended as follows.
(2) In regulation 33(3)(a) (obligation to apply enhanced customer due diligence: meaning of high-risk third country), for “a country which is specified in Schedule 3ZA” substitute—“a country named on either of the following lists published by the Financial Action Task Force as they have effect from time to time—
(i) High-Risk Jurisdictions subject to a Call for Action;
(ii) Jurisdictions under Increased Monitoring;”.
(3) Omit Schedule 3ZA (high-risk third countries).
Scott Mann
Joy Morrissey
Two of the Lords Commissioners of His Majesty’s Treasury
At 1.45 p.m. on 22nd January 2024