What is the AML regime in the United Kingdom?
The UK regime is built on the Proceeds of Crime Act 2002 (POCA), the Terrorism Act 2000, the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs 2017, as amended), and the Sanctions and Anti-Money Laundering Act 2018 (SAMLA). Supervisors include the FCA (financial sector), HMRC (money service businesses, accountants, estate agents and others), the Gambling Commission, and various professional body supervisors for legal services and accountancy. The NCA receives SARs.