ECSH63180 - Regulation 3 - General interpretation

Category Heading

Description

The Law听

听

What it means

A list of the terms used throughout the regulations, listed in alphabetical order.听
If there is no interpretation, the term takes the noraml dictionary definition.

Purpose

To clarify the definitions used, with links to further regulations where appropriate.听

Time Line

Interpretations are provided within all versions of the Money Laundering Regulations听

What to establish

Ensure that you read the definition within the Regulations, understand the terms, and use that wording whenever referring to the Regulations.听

How to test compliance and evidence to obtain听

N/A

Best practice

If you're still unclear after reading the General Interpretation, contact the Technical Team for advice.听

AMP

N/A

ASP

N/A

EAB

N/A

LAB

N/A

HVD

N/A

MSB

N/A

TCSP

N/A

Further reading

N/A

FAQs

Answers to many FAQ are within the General Interpretation; for example what exchange rate do I use to convert euros to GBP, who is a manager, are personal cheques classed as cash etc.听