Section 38(3)
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 · United Kingdom
The issuer of the relevant payment instrument must carry out sufficient monitoring of its business relationship with the users of electronic money and of transactions made using the relevant payment instrument to enable it to detect any unusual or suspicious transactions.
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Source: legislation.gov.uk · retrieved 2026-09-04