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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Protecting against activities like fraud, money laundering, and market abuse, threatening financial system integrity and consumer protection.
Hear from leading industry experts on the key issues facing compliance professionals in the investment management and financial advice world. Bringing together a high-level audience who can engage with the…
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Date & Time: 24th Sep 2026 (8:00) - 24th Sep 2026 (17:00)
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Location: Herbert Smith Freehills Kramer
The purpose of the Regulatory Board Sub Committee is to advise PIMFA on all regulatory matters of significance to its...