§ Dr. CableTo ask the Chancellor of the Exchequer what guidance has been given on the implications of money laundering regulations to applicants for post office card accounts. [86214]
§ Ruth KellyThe Joint Money Laundering Steering Group (JMLSG), which is an industry-led body, produces general guidance on the implementation of the Money Laundering Regulations. I have endorsed this guidance under section 330 of the Proceeds of Crime Act 2002. The guidance is flexible, recognising that people who cannot easily provide detailed evidence of identity should have access to financial services.