Schedule 7, Part 1, paragraph 3(2)

In section 226 (complaints: the ombudsman scheme etc) after subsection (7) insert— The rules must provide that a person within subsection (7B) is eligible in relation to a complaint to which subsection (7C) applies. A person is within this subsection if he or she has been identified by a respondent, in carrying on an activity to which the rules apply, as— a politically exposed person; a family member of a politically exposed person; or a known close associate of a politically exposed person. This subsection applies to a complaint— that the complainant has been incorrectly identified as a person within subsection (7B); or relating to an act or omission of the respondent in consequence of the identification of the complainant as a person within subsection (7B). In subsection (7B), “politically exposed person”, “family member” and “known close associate” have the meanings given in regulation 35(12) of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

← 1 · All articles · 3 →

Source: legislation.gov.uk · retrieved 2026-09-04