Question to the HM Treasury:

To ask Her Majesty’s Government when they intend to announce their policy with regard to the implementation of the EU Fourth Anti-Money Laundering Directive; and what assessment they have made of its impact on the bookmaking sector.

The government will publish a response to its consultation on transposing the EU Fourth Money Laundering Directive, shortly. It will include a draft of the new Money Laundering Regulations and will be open for a four week consultation. The draft regulations will reflect government positions on a number of policies including whether gambling service providers are exempt from the directives requirements.