Moved by
Lord Ahmad of Wimbledon
77: Schedule 2, page 45, line 11, after “persons” insert “carrying on business of a kind which entails risks relating to money laundering, terrorist financing or other threats to the integrity of the international financial system (“relevant persons”)”
78: Schedule 2, page 45, line 12, leave out from “manage” to end of line 14 and insert “those risks”
79: Schedule 2, page 45, line 15, leave out first “prescribed” and insert “relevant”
80: Schedule 2, page 45, line 30, leave out “prescribed bodies” and insert “the Financial Conduct Authority, the Commissioners for Her Majesty’s Revenue and Customs and such other bodies as may be prescribed”
81: Schedule 2, page 45, line 31, leave out “prescribed” and insert “relevant”
82: Schedule 2, page 45, line 36, after “as” insert “relevant persons or as”
83: Schedule 2, page 45, line 37, leave out “prescribed entities” and insert “relevant persons that are not individuals”
84: Schedule 2, page 46, line 8, leave out “prescribed” and insert “relevant”
85: Schedule 2, page 46, line 42, at beginning insert—
“(A1) Authorise the Financial Conduct Authority and the Commissioners for Her Majesty’s Revenue and Customs to impose civil monetary penalties in relation to the contravention of prescribed requirements.”
86: Schedule 2, page 46, line 42, after “penalties” insert “(other than monetary penalties)”
87: Schedule 2, page 46, line 44, leave out paragraph (a)
88: Schedule 2, page 47, line 6, leave out from first “to” to end of line 7 and insert—
“(a) impose civil monetary penalties, and
(b) publish statements of censure,
in relation to the contravention of prescribed requirements by supervisory authorities.”
89: Schedule 2, page 47, line 9, after “sub-paragraph” insert “(A1),”