What is JMLSG?
The Joint Money Laundering Steering Group is made up of the leading UK Trade Associations in the Financial Services Industry.
Its aim is to promulgate good practice in countering money laundering and to give practical assistance in interpreting the UK Money Laundering Regulations. This is primarily achieved by the publication of industry Guidance.
JMLSG has been producing Money Laundering Guidance for the financial sector since 1990, initially in conjunction with the Bank of England, and latterly to provide regularly updated guidance on the various Money Laundering Regulations in force.
JMLSG periodically reviews its Guidance, and make changes and additions as required.