Changes in Legislation: Legislative background to this guidance
The Money Laundering Regulations 2007 came into force on 15 December 2007. These apply to:
- Money Service Businesses (MSBs)
- High Value Dealers (HVDs)
- Trust or Company Service Providers (TCSPS)
- Accountancy Service Providers (ASPs)
The supervisory and registration interpretation and requirements are set out in Part 4 of the regulations.
This guidance only applies to business activities that are supervised by HMRC for the purposes of the Regulations.