PIMFA’s response to HM Treasury Consultation on Reform of the AML/CTF Supervisory Regime
PIMFA Consultation Response to HM Treasury Consultation on Reform of the AML/CTF Supervisory Regime. We welcome HMT’s consultation setting out possible AML supervisory models and agree that increased supervisory effectiveness should be the priority for any reform; however, a number of our members expressed concern at the implications and consequences of adopting the Consultation’s Model 4 (Single Anti-Money Laundering Supervisor). The main issues identified include: the possibility of multiple regulators; Sector expertise; Disruption; Costs and Transitional risks
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Financial Crime
Protecting against activities like fraud, money laundering, and market abuse, threatening financial system integrity and consumer protection.
The PIMFA Financial Crime Conference is returning for its 2026 edition – with the regulatory, governmental and technological approach to tackling financial crime evolving, PIMFA will be ready to update…
£275.00 – £590.00
Date & Time: 26th Feb 2026 (9:30) - 26th Feb 2026 (18:00)
CPD: 5
Location: shoosmiths
The purpose of the Regulatory Board Sub Committee is to advise PIMFA on all regulatory matters of significance to its...