Decision details

Date of Decision:

12 October 2026

Title:

Update to the Anti-Money Laundering Policy for minor amendments

Decision Maker:

(Including Job Title)

Judith Badger, Executive Director Corporate Services

Details of Specific Delegation

or

Delegation contained in the relevant Sub-Scheme of Delegation.

Financial Procurement and Procedure Rules

Para 23.2 ‘The Chief Finance Officer is responsible for the development and maintenance of an anti-fraud and anti-corruption policy’.

Page 25 refers.

Anti money laundering is part of the anti fraud control environment.

Decision:

To amend and update the Anti-Money Laundering Policy after a bi-annual 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 money laundering.

Details of alternative options considered and rejected:

There were no alternative options considered, as this is a bi-annual update to a Policy.  If this was not undertaken there would be a risk that the Policy was not up to date with relevant legislation and current Council arrangements.

Conflicts of interest declared by any Cabinet Member consulted by the decision maker which relates to the decision:

No conflicts of interest.

Dispensations Granted:

(If any)

None

Conflicts of interest declared by the Decision Maker if they sit as a Cabinet appointed representative to an outside body which relates to the decision:

None

Dispensations Granted:

(If any)

None

Reports or parts of reports relevant to the decision being taken:

The report of the Head of Internal Audit

Anti-Money Laundering Policy review.

Report presented to the Audit Committee on the 24^th September 2026, and approved by the Executive Director of Corporate Services.

Final RMBC Anti-Money Laundering Policy 2026 Clean App A.docx

Final AML Report.docx