Borrower KYC and secondary loan market trading

Author: | Published: 11 Dec 2018

One issue secondary loan market trading participants continue to grapple with is who the customer is for anti-money laundering purposes

More than 18 months on from the publication of a consultation by the Joint Money Laundering Steering Group (JMLSG) in 2017 on proposed revisions to Parts II and III of its guidance on the prevention of money laundering and the financing of terrorism in the UK financial services industry, Chapter 17, which relates specifically to syndicated lending and which was substantially re-written by the Loan Market Association (LMA) has now been approved and published by the JMLSG board....


 

 

close Register today to read IFLR's global coverage

Get unlimited access to IFLR.com for 7 days*, including the latest regulatory developments in the global financial sector, updated daily.

  • Deal Analysis
  • Expert Opinion
  • Best Practice

register

*all IFLR's global coverage published in the last 3 months.

Read IFLR's global coverage whenever and wherever you want for 7 days with IFLR mobile app for iPad and iPhone

"The format of the Review has changed over the years; the high quality of its substantive content has not."
Lee C Buchheit, Cleary Gottlieb

register