Money Laundering Regulations 2026

Stay ahead of the curve when it comes to the Money Laundering and Terrorist Financing (Amendment) Regulations 2026 (MLR). The draft Statutory Instrument (SI) was laid before the House of Commons and the House of Lords on 25th March 2026.

Comply with the Money Laundering Regulations 2026

The motion to approve the instrument was then tabled by the Government and is currently expected to come into force in July 2026 (subject to approval). As many of the updates and amendments are aimed at making the regulations more suitable for a UK framework, Know Your Compliance Limited have already made a significant number of updates to our AML templates and policies.

Revisions such as moving away from references to Euros and updating these to Sterling, as well as high-risk countries now being referred to as a FATF call to action country align the regulations with UK regimes. Our AML policies and procedures and due diligence templates have already been updated with these changes. The amended Money Laundering and Terrorist Financing Regulations 2026 seek to enhance the adequacy and effectiveness of the UK’s anti-money laundering regime as opposed to rewriting the existing regulations.

The revised regulations also focus heavily on updates to due diligence requirements for both the standard customer due diligence and the enhanced due diligence procedures. Again, we have already updated our due diligence policy and Know Your Customer templates accordingly so that firms can be compliant ahead of time.