questionText: To ask the Chancellor of the Exchequer, whether (a) her Department and (b) the Financial Conduct Authority has issued guidance on anti-money laundering checks when hon. Members take out a mortgage.
answerText: Under the Money Laundering Regulations (MLRs) all members of both Houses of Parliament are defined as politically exposed persons (PEPs), and therefore subject to enhanced checks when accessing financial services, including mortgages. However, these check...
heading: Mortgages: Members