SCHEDULES

SCHEDULE 7Terrorist financing and money laundering

Part 2Persons to whom a direction may be given

Persons operating in the financial sector

4

1

Any reference in this Schedule to a person operating in the financial sector is to a credit or financial institution that—

a

is a United Kingdom person, or

b

is acting in the course of a business carried on by it in the United Kingdom.

2

This is subject to the exceptions in paragraph 6.