Section 78(2)
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 · United Kingdom
The designated supervisory authority may impose one of the following measures on the person concerned— a temporary prohibition on the individual concerned holding an office or position involving responsibility for taking decisions about the management of a relevant person or a payment service provider (“having a management role”); a permanent prohibition on the individual concerned having a management role.
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Source: legislation.gov.uk · retrieved 2026-09-04