AML and counter-terrorist financing timeline
AML and counter-terrorist financing timeline

The following Practice Compliance guidance note provides comprehensive and up to date legal information covering:

  • AML and counter-terrorist financing timeline
  • Future developments
  • Recent developments
  • Developments

This timeline sets out developments in relation to anti-money laundering (AML) and counter-terrorist financing (CTF) regimes being implemented in the UK including the Fourth Money Laundering Directive (4MLD) and the future developments we can expect.

For more information in relation to the UK Money Laundering Regulations 2017 see Practice Note: The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017—for law firms.

Future developments

The dates contained in the following table are provisional and are subject to change.

Date Source Who Summary
June 2022 UK Government UK Government UK government to review the MLR 2017 and OPBAS regulations
December 2021 UK Government UK Government UK government to consider legislative changes to improve the Proceeds of Crime Act 2002
March 2021 UK Government UK Government UK government to strengthen the consistency of professional body AML/CTF supervision
Early 2021