Money Laundering and Terrorist Financing (Amendment) Regulations 2026 · Part 2 The Money Laundering, Terrorist Financing and...

7 Amendment of regulation 12 (independent legal professionals and trust or company service providers)

reg. 7 · in force: unknown

Captured statutory text (L5)

7 Amendment of regulation 12 (independent legal professionals and trust or company service providers)

In regulation 12—

(a)in paragraph (2), after sub-paragraph (a), insert—

(ab)selling an off-the-shelf firm;

;

(b)after paragraph (2), insert—

(3)In this regulation, an “off-the-shelf firm” means a firm that either—

(a)does not carry on business; or

(b)carries on business but such business is not the main activity carried on by the trust or company service provider.

Full captured verbatim text

In regulation 12—

(a) in paragraph (2), after sub-paragraph (a), insert—

(ab) selling an off-the-shelf firm;

;

(b) after paragraph (2), insert—

(3) In this regulation, an “off-the-shelf firm” means a firm that either—

(a) does not carry on business; or

(b) carries on business but such business is not the main activity carried on by the trust or company service provider.

.

What this provision means

Model summary, checked against the text on the left.

Relevance to Signicat: 2/3 · detailed summary (L4) Status: not needed for a short provision · Stored artifact; current recipe verification unavailable

Trust or company service providers include selling an off-the-shelf firm within scope of regulated services.

Only the one-line summary above is stored for this provision; the text itself is the evidence.

Refers to

other law external_cite · reg. 12

Referred to by

cross-reference internal_cite · reg. 2

Part summaries

0 of 0 parts have a verified summary.

L1 unavailable for current verification: the overall summary needs every part verified. Provisions and the verified summaries remain readable.

Verification findings (44)

synthesis coverage: missing/unverified L2 part-1

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-1

synthesis coverage: missing/unverified L2 part-2

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-2

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-3

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synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-9

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-10

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-11

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-12

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-13

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-14

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synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-29

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-30

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-31

synthesis coverage: missing/unverified L2 part-2

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-32

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-33

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-34

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synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-36

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-37

synthesis coverage: missing/unverified L2 part-3

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-38

synthesis coverage: missing evaluation uk:uksi/2026/621#regulation-39

Instrument tier unavailable

Change history as published

No captured publisher history.

Pending effects amendments not yet applied to this text

No captured pending effects.

Provenance

Every claim the system makes about this text is traceable to these identifiers.

Instrument: uk:uksi/2026/621
Part: Part 2 The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017
Version: edba87a74d88183265b89983…
Content hash: sha256 413ca52d7e73baff50d56d17…
Source: legislation.gov.uk/uksi/2026/621