IM-3.4.5

The reporting of suspicious transactions is the responsibility of the firm's Money Laundering Reporting Officer ('MLRO'). Captive insurance firms that are managed by an insurance manager are specifically exempted from appointing a MLRO, as the insurance manager must appoint one to perform these responsibilities for all firms under its management.

Rulebook Reference FC-3.1.1 and
FC-3.1.2
Amended: January 2007
Amended: October 2007