Deidre Brock – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Deidre Brock on 2016-07-20.

To ask Mr Chancellor of the Exchequer, whether it is his policy that existing money laundering regulations made under section 2(2) of the European Communities Act 1972 should remain in force in the UK after the UK leaves the EU.

Simon Kirby

Tackling money laundering and terrorist financing is a priority for the Government. The UK is a leading member of the international standard setter for anti-money laundering and counter terrorist financing, the Financial Action Task Force, and supports full compliance with the standards which we implement domestically. The UK will continue to cooperate closely with our international partners to improve the effectiveness of the standards, and to ensure the global anti-money regime is robust and responsive to emerging threats.