Section 108(5)
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 · United Kingdom
Section 30(4) of the Small Business, Enterprise and Employment Act 2015 requires that a report published under this regulation must, in particular— set out the objectives intended to be achieved by the regulatory provision referred to in paragraph (1)(a); assess the extent to which those objectives are achieved; assess whether those objectives remain appropriate; and if those objectives remain appropriate, assess the extent to which they could be achieved in another way which involves less onerous regulatory provision.
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Source: legislation.gov.uk · retrieved 2026-09-04