Decision Maker: Policy and Finance
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
The Director of Resources submitted a report asking Members to consider and approve the recently fully reviewed and revised Anti-Money Laundering Policy.
Members were reminded that:
· The Anti-Money Laundering Policy was originally developed from best practice guidance issued by CIPFA and was first produced in November 2010.
· Since November 2010 there have been several revisions to reflect changing regulations.
The Report noted that latest proposed version of the policy, represented a substantial rewrite of the policy.
RESOLVED THAT COMMITTEE:
Approved the Anti-Money Laundering Policy as set out at Annex 1 of the Report.
Report author: Averil Crowther
Publication date: 08/02/2023
Date of decision: 24/01/2023
Decided at meeting: 24/01/2023 - Policy and Finance