03 August 2011
Categories:
Legislation
Amend the Money Laundering Regulations 2007, SI 2007/2157, to add Junior ISAs to the list of products qualifying for simplified due diligence measures under those Regulations.
Commencement date
1 November 2011
Summary
The effect is that full customer due diligence measures, for example verifying a customer’s identity when an account is opened, need not be carried out where a transaction relates to a Junior ISA.
