Amendments to the Anti-Money Laundering and Countering the Financing of Terrorism Handbook (‘AML/CFT Handbook’)

Published on: 05 March 2020

The Authority wishes to draw your attention to some amendments to the Anti-Money Laundering and Countering the Financing of Terrorism Handbook (‘AML/CFT Handbook’).

Lists A, B, C and D have recently been updated by the Cabinet Office and can be viewed here.

A tracked version of these lists can be found here.

Also, at this time the Authority has issued sector guidance in the following areas:

Investment Business - re-issued to reflect the recent update to the NRA that has been published
Non-Life - re-issued to reflect the recent update to the NRA that has been published
Pensions – this is the first AML/CFT Guidance document for the Sector
Accountants – this sector guidance has been updated to reflect the introduction of the AML/CFT Code 2019

It is expected that further sector guidance documents will be published over the coming weeks so please check back at the webpage periodically.

Work continues in relation to the re-drafting of the entire AML/CFT Handbook to reflect the amendments brought in by the 2019 Code and the Authority is aiming to publish the re-drafted AML/CFT Handbook by the end of Q2 2020.

If you have any enquiries please contact the AML Unit using the following email address: aml@iomfsa.im