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HMRC internal manual

MLR1 Penalties Guidance

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HM Revenue & Customs
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MLR1 Penalties Guidance: The scope of this guidance: background information

This guidance is effective from 15 December 2007 and replaces the guidance for the 2001 and 2003 Regulations. The 2003 Regulations were repealed with effect from 15 December 2007.

The Money Laundering Regulations, Payments Regulation and Transfer of Funds Regulations 2007 are referred to throughout this guidance as ‘the Regulations’.

In line with the other MLR supervisors, HMRC have adopted the principles of good regulation set out in the Regulators Compliance Code.

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This guidance provides a complete explanation of:

  • the ways we can encourage compliance with the Regulations. See MLR1PP3000 
  • how a penalty is calculated. See MLR1PP8000 
  • escalated sanctions for non-compliance. See MLR1PP12000 

This guidance does not apply to any other penalties issued by HMRC.