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HMRC internal manual

Money Laundering Regulations: Registration

Fit and Proper Test: Individuals not fit and proper after registration

Regulation 58 states that an individual is not a fit and proper person if they have been convicted of a criminal offence listed in Schedule 3 of MLR 2017 and if they have consistently failed to comply with MLR 2017, 2001, 2003 or 2007.

We will also consider the risk of the business being used for money laundering or terrorist financing in deciding a fit and proper application.

This also applies to agents of money service businesses and their responsible persons.

An individual requiring fit and proper status may, when they apply, meet all the criteria to pass the test. This does not mean that fit and proper status cannot be withdrawn if the individual’s circumstances change.

The circumstances where we would consider withdrawal of fit and proper status, and the process for reporting cases for consideration, are set out in the Penalties Guidance MLR1. See MLR1PP12000