PROPOSED AMENDMENTS TO JMLSG GUIDANCE
It has been pointed out that in the consultation version of proposed amendments to the JMLSG Guidance published on 25 July, the text of Part I, Chapter 2 was omitted, despite a new paragraph being inserted. The additional paragraph, 2.6A – the sole proposed change to Chapter 2 - reads:
2.6A It is important that the firm’s policies and procedures are communicated widely throughout the firm, to increase the effectiveness of their implementation.
JMLSG apologise for this omission.