First announced: The Money Laundering and Terrorist Financing (Amendment) Regulations 2026 were made in June 2026.
Submitted by: NYBACS Compliance Desk
What changed
The amendments update parts of the UK Money Laundering Regulations, including the treatment of high-risk third countries and due diligence for certain pooled-account arrangements.
Who’s affected
UK-regulated businesses subject to the Money Laundering Regulations, including relevant financial and professional services firms.
Immediate actions
- Review the 2026 amendments against the firm’s regulated activities.
- Update customer-risk assessments and relevant procedures.
- Assess whether pooled-account services require additional due diligence.
- Check official high-risk jurisdiction sources and update screening processes.
Practical note & timeline
Different provisions may have different commencement dates and scope. Confirm which changes apply to the business before revising procedures.
