A report of the Director of Finance advised that following the publication of CIPFA guidance ‘Combating Financial Crime: Further Guidance on Anti-Money Laundering for Public Service Organisations (2009)’, the Anti-Money Laundering Policy had been updated.

A revised Anti-Money Laundering Policy for the Council was attached to the report as Appendix 1. The changes made to the existing Policy were identified by the use of italics.

RESOLVED:  That

(1)  the revised Anti-Money Laundering Policy be approved; and

(2)  the revised Policy be promoted across the Council.