Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
This Policy
represents important part of the Council’s approach to
dealing with the risk of fraud corruption. This Policy seeks to
complement the Anti-Fraud and Corruption Policy and Whistleblowing
Policy and contribute to the overall framework Corporate Governance
established to ensure that the Council is well managed fulfils its
statutory and regulatory duties in a proper and responsible
manner.
Cabinet is requested to approve the Policy.
RESOLVED
That the Cabinet:
a) approves the Anti-Money Laundering Policy (Appendix A of report FIN/598) for adoption and subsequent publication.
b) delegates authority to the Head of Corporate Finance, in consultation with the Leader, to review and make minor amendments to the Anti-Money Laundering Policy as further changes to legislation and statutory guidance are introduced.
(Generic Delegation 7 will be used to enact this recommendation).
Reasons for the Recommendations
To fulfil the Council’s duty to review and publish updated guidance relating to the Anti-Money Laundering Policy.
Report author: Chris Corker
Publication date: 24/11/2022
Date of decision: 23/11/2022
Decided at meeting: 23/11/2022 - Cabinet
Effective from: 30/11/2022
Accompanying Documents: