"Proper use" in (1) includes:
applying the information in the circumstances envisaged by ML 3.2.2 R (3)(b) (introduction of client for one-off transaction) or ML 3.2.5 (2) (introduction by client of a person on whose behalf he is acting);
applying the information whenever first obtained to know your business information;
Disseminating the information in the course of dealing with awareness and training under ML 6.
The findings in ML 5.1.2 R (1) are any published notices:
which are issued:
which contain a finding or other conclusion on the part of the government or a government department or the Financial Action Task Force:
that it has found those arrangements to be materially deficient in comparison with one or more of the relevant, internationally accepted, standards, including any recommendations published by the Financial Action Task Force, required of or recommended to States and jurisdictions.
In order to assist relevant firms, the Joint Money Laundering Steering Group (JMLSG) publishes government, government department, or Financial Action Task Force findings of the kind referred to in ML 5.1.3 R. This information can be found on the JMLSG's website (www.jmlsg.org.uk) or accessed indirectly via the FSA's website (www.fsa.gov.uk) or, in the case of Financial Action Task Force findings only, via the Financial Action Task Force's website (www.fatf-gafi.org). All relevant firms should check this information regularly to ensure that they keep up to date with current findings.1