Anti-money laundering and counter-terrorist financing (AML/CTF)

Copyright © 2026 LexisNexis

This Overview is a guide to the Lexis+® UK Financial Services subtopic: ‘Anti-money laundering and counter-terrorist financing (AML/CTF)’ and includes links to the appropriate materials. AML/CTF requirements have general application; this subtopic considers the application the UK’s anti-money laundering (AML), counter-terrorist financing (CTF) and counter proliferation financing (CPF) legal and regulatory regime to firms authorised by the Financial Conduct Authority (FCA) under the Financial Services and Markets Act 2000 (FSMA 2000) or firms registered with the FCA for supervision under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, SI 2017/692 (MLRs).

Further Lexis+® UK Financial Services subtopics addressing financial crime are: Sanctions compliance—overview, Anti-bribery and corruption (ABC)—overview and Fraud in financial services—overview.

What is money laundering, terrorist financing and proliferation financing?

Money laundering (ML) is the process by which the proceeds of crime are converted into assets which appear to have a legitimate origin in order that they can be retained permanently or recycled into further criminal enterprises.

In general terms, terrorist financing (TF) is the provision or collection of funds from legitimate

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Existing user? Sign-in TAKE A FREE TRIAL
Powered by Lexis+®
Latest Financial Services News

Financial Services weekly highlights—2 July 2026

This week's edition of Financial Services weekly highlights includes: FCA consults on Consumer Duty application clarifications; ESAs launch...

Lexis+ Financial Services—daily round-up (2 July 2026)

A round-up of financial services developments, including (among other things) Partial suspension of the motor finance scheme: FCA sets out...

FCA’s £7.5 billion motor finance schemes paused amid legal dispute

Law360, London: The Financial Conduct Authority’s £7.5 billion redress schemes for motor finance customers will be partly suspended after the first...

Lexis+ Financial Services—daily round-up (1 July 2026)

A round-up of financial services developments, including (among other things) Financial trade associations urge EU to use MISP to strengthen...

View Financial Services by content type :  
News
Practice notes
Precedents
Q&As

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of
What is the difference between an appeal and a review?

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of