Corporate changes to the Anti Money Laundering Legal Regime
The Money Laundering and Terrorist Financing (Amendment) Regulations 2026 (the “2026 Regulations”)
Various types of business are subject to the anti-money laundering regime in the UK (“AMLR”). The rules were last amended in 2025 (with effect from 14 May 2025).
The 2026 Regulations are now being introduced to amend the rules further. The 2026 Regulations were laid before Parliament on 25 March 2026, and they are expected to come into effect in June/July 2026. The 2026 Regulations introduce a number of targeted reforms to enhance the effectiveness of AMLR.
Nature and scope of the changes
These 2026 AMLR changes focus on updating existing rules (as amended in 2025) rather than replacing them, closing regulatory loopholes, and improving proportionality for companies. The aim is to improve risk-based approaches and reduce unnecessary over-compliance.
In contrast to the 2025 changes, the changes being made by the 2026 Regulations only have a minor impact on most companies. They will not face a completely new regime—but they will need to fine-tune their AML controls, especially as to :
- when and how they carry out due diligence
- how they assess risk
- how they manage client accounts
In short: less “box-ticking,” more targeted compliance—but still more work operationally.
What this means for AMLR-related Simply Docs templates and documents
We have reviewed all of our AMLR-related companies templates and other documents and made minor updates as necessary. As to estate agencies and lettings agencies, see the associated Property Newsletter.
The contents of this Newsletter are for reference purposes only and do not constitute legal advice. Independent legal advice should be sought in relation to any specific legal matter.