Section 76(8)
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 · United Kingdom
For the purposes of this regulation— “appropriate” means (other than in references to an appropriate body) effective, proportionate and dissuasive; “designated supervisory authority” means the FCA or the Commissioners.
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Source: legislation.gov.uk · retrieved 2026-09-04