The Joint Money Laundering Steering Group (JMLSG) today publishes two new pieces of Guidance. The Board approved text includes a new annex within Part I: Annex 5-V on Pooled Client Accounts, and a new sectoral piece within Part II: Sector 22 Cryptoasset exchange providers and custodian wallet providers. There is also a minor amendment to paragraph 5.3.53 within Part I.
The new text, which has been submitted to HM Treasury for approval, has been incorporated into the Guidance, which may be accessed under “Current Guidance”. The relevant material is also available separately under the “Revisions” tab.