Money Laundering Regulations 2017: Primary legislation governing anti-money laundering requirements for large deposits, including requirements for source of funds verification
Proceeds of Crime Act 2002: Framework for preventing and reporting potential proceeds of crime, relevant for large monetary transactions
Criminal Finances Act 2017: Legislation dealing with financial crimes and money laundering, including provisions for unexplained wealth
Financial Services and Markets Act 2000: Primary legislation governing financial services and markets regulation in the UK
Mortgage Credit Directive Order 2015: Regulations governing mortgage lending and credit arrangements in the UK
Finance Act: Annual legislation governing tax matters, relevant for explaining source of large deposits
Income Tax Act 2007: Legislation governing income tax, relevant for proving legitimate earnings as source of deposit
Inheritance Tax Act 1984: Legislation governing inheritance taxation, relevant if deposit source is inherited funds
UK General Data Protection Regulation: Regulations governing the processing and protection of personal data in explanatory documentation
Data Protection Act 2018: UK's implementation of data protection requirements, relevant for handling personal information in the letter
Banking Act 2009: Legislation governing banking operations and transfers, relevant for explaining large monetary movements
Financial Services (Banking Reform) Act 2013: Legislation governing banking reform and regulations, relevant for large financial transactions
