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

HMRC internal manual

Money Laundering Regulations: Registration

From
HM Revenue & Customs
Updated
, see all updates

Trust or Company Service Providers (TCSPs): Definition of TCSP Activities

The Money Laundering Regulations 2007 defines the activities covered within TCSPs as follows:

“Trust or company service provider” means a firm or sole practitioner who, by way of

Business, (see MLR2R1300) provides any of the following services to other persons—

  1. forming companies or other legal persons;
  2. acting, or arranging for another person to act—
(i) as a director or secretary of a company;  


(ii) as a partner of a partnership; or  


(iii) in a similar position in relation to other legal persons;  
  1. providing a registered office, business address, correspondence or administrative address, or other related services for a company, partnership or any other legal person or arrangement;
  2. acting, or arranging for another person to act, as—
(i) a trustee of an express trust or similar legal arrangement; or  


(ii) a nominee shareholder for a person other than a company whose securities are listed on a regulated market, when providing such services.