Guidance

Money laundering: understanding risks and taking action for money service businesses

Recognise and reduce risk of money laundering if you are a money service businesses (MSB).

• From: HM Revenue & Customs
• Published: 14 October 2020
• Last updated: 21 November 2022
  Show all updates

  1. 21 November 2022

     Additional key risk indicators and notes have been added to the tables in the 'Risks common to all MSBs' and Money Transmitters' sections.

  2. 18 January 2021

     A link to the National Risk Assessment (NRA) 2020 has been added.

  3. 14 October 2020

     First published.

Documents

Understanding risks and taking action for money service businesses

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Risk assessment information provided to a Money Service Business (MSB) under Money Laundering Regulation 17(9) to assist relevant persons in carrying out their own money laundering and terrorist financing risk assessment.