Section 4(2)
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 · United Kingdom
A relationship where the relevant person is asked to provide one or more of the services described in regulation 12(2)(a), (ab), (b) or (d) is to be treated as a business relationship for the purpose of these Regulations, whether or not the relationship is otherwise expected to have an element of duration.
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Source: legislation.gov.uk · retrieved 2026-09-04