Interventions: education and due diligence: deregistration: VETO letters
If LMI compulsorily deregisters a business and the customers are known, VETO letters and/or tax loss letters should be issued to all known customers. This is why it is important to collect details of known customers during all LM interventions, including Pre-Reg visits.
This does not apply to deregistration if dormant businesses or compulsory deregistration where VETO letters are not issued.
Copies of any VETO letters issued should be captured in EF, both in the deregistered businesses folder and also in the folder of any known customers.
A spreadsheet is held in the FIS-LM-Holding Store CAF which should be completed following the issue of all VETO/Tax Loss letters. This enables further potential End User visits to be sourced in line with the Promote, Prevent, Respond (PPR) Strategy.
If a business is deregistered by LMI and VETO letters are issued a one-off RLP score can then be claimed