Beta This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Money Laundering Regulations: Compliance

From:
HM Revenue & Customs
Published:
Updated:
, see all updates

  1. Contents
  2. MLR3C2000
  3. MLR3C2055
  4. MLR3C2099

Legislation: Consumer Credit Institutions

The credit institutions that require a consumer credit licence category A licence under section 21 of the CCA 1974,) are those that

  • sell goods on credit
  • end money (non FSA authorised - cash/personal unsecured loans, secured loans).
  • offer hire purchase terms
  • collect debts - includes where a book of debts has been purchased from a creditor, such as a credit card issuer, in order for the debt to be recovered providing those debts are not collected on behalf of a third party or are the businesses own debts.
Print this page