CTRL 1.2.11 What is the MLRO function?

The MLRO function for an authorised firm is the function of being the firm’s MLRO under either AML/CFTR or AMLG.

Note The MLRO function is not dealt with further in these rules. For firms’ obligations in relation to the MLRO function see:

• for general insurance firms — AMLG
• for all other authorised firms — AML/CFTR.

 

Derived from QFCRA RM/2020-4 (as from 1st July 2021)