MLR1PP2100 - MLR1 Penalties Guidance: Other help and guidance for customers and staff
This guidance is not meant to provide an explanation of penalty related matters, such as:
- how a breach of the Regulations is identified
- what anti-money laundering measures businesses must adopt
- the steps our Officers should follow when visiting a business
These are fully covered in the legislation and guidance listed below:
Legislation:
- Anti-terrorism, Crime and Security Act 2001
- Proceeds of Crime Act 2002 (as amended)
- The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017
- Payment Services Regulations 2017
- Regulation (EU) 2015/847 on information accompanying transfers of funds (the Payments Regulation)
- The Counter Terrorism Act 2008
Guidance:
- Compliance Guidance (HMRC MLR3)
- Sector specific Anti Money Laundering Guidance
- Sector specific Registration Guidance
- Consultative Committee of Accountancy Bodies (CCAB) Guidance for ASPs