Skip to Content
Whole SectionText only Print Print Manager Link

FC-5.2.1

LicenseesG must take reasonable steps to ensure that all reports made under Section FC-5.1 are considered by the MLRO (or his duly authorised delegate). Having considered the report and any other relevant information the MLRO (or his duly authorised delegate), if he still suspects that a person has been engaged in money laundering or terrorism financing, or the activity concerned is otherwise still regarded as suspicious, must report the fact promptly to the relevant authoritiesG . Where no report is made, the MLRO must document the reasons why.

October 2010
 Versions
(1 Version)
 
Oct 1 2010 onwards
Back to top