Information on Money Laundering Reporting Officer - January 2022

FOI Release Date of Release:

Reference Case Number: FOI8883

Freedom of Information: Right to know request:

I would like to know the number of firms the FCA wrote to in 2021 because of the turnover of its MLRO [Money Laundering Reporting Officer] asking for a board-level assessment of the underlying causes.

FCA response:

We can confirm that in 2021 the FCA wrote to 635 firms because of the turnover of its MLRO.