Decision details

Date of Decision:

4 December 2024

Title:

Update to the Anti-Money Laundering Policy for minor amendments

Decision Maker:

(Including Job Title)

Judith Badger, Strategic Director Finance and Customer Services.

Details of Specific Committee Delegation

or Delegation contained in the relevant Sub-Scheme of Delegation.

In Financial and Procurement Procedure Rules, para 23.2, which states ‘The Chief Finance Officer is responsible for the development and maintenance of an anti-fraud and anti-corruption policy’.

The Monitoring Officer was consulted on the decision making and confirmed that this is in accordance with the Constitution.

Decision:

To amend and update the Anti-Money Laundering Policy after a review.

Reasons for the Decision:

To maintain the Policy and ensure it is up to date and remains relevant in accurately reflecting the Council’s position with regards to anti money laundering arrangements.

Where the decision is made under specific delegation from a decision making body, the names of any member of the relevant body who has declared a conflict of interest in relation to the decision and name of the body granting the specific delegation and the date when it did so:

No conflicts of interest.

Reports or parts of reports considered

The report of the Head of Internal Audit

Anti-Money Laundering Policy, presented to the Audit Committee, 26^th November 2024.