Joint Money Laundering Steering Group

The Joint Money Laundering Steering Group (JMLSG) provide guidance to financial services firms about anti money laundering and counter terrorist financing measures.

The guidance is currently being reviewed, and the NAEA (as part of NFoPP) has made comments because:

  • The JMLSG guidance may influence the guidance which applies to members of the divisions of NFoPP
  • The guidance may affect how financial services firms treat property professionals as customers, which ultimately may impact upon the services which property professionals can deliver. The guidance has implications for the management of pooled accounts.

VIEW THE JMLSG CONSULTATION 

VIEW THE NAEA'S RESPONSE