Text for AML Update Service
AML Update: Financial sanctions v AML (Upgrade)
Purchase this policy: Sanctions Policy
- Change date
- 14/01/2026
- Word count
- 61
- Deployment measure
- 9/10
Rationale
Updated paragraph partially based on SRA 2025 guidance. This version provides updates based on legislative changes and recent proactive supervision.
AML beneficial ownership is triggered where an individual owns more than 25 per cent or more of the shares of a body corporate under the money laundering regulations, whereas the
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