AML 4 MSB 2. What is a Money Service Business?
If you are carrying one of the businesses above in the UK, either under your own auspices, or as an agent, then you need to be registered. Unsure? Get in touch. We’ll let you know whether you need to register or whether you need to check that your principal has registered you. (Free of charge.)
AML for MSB. 1. What is money laundering and terrorist financing?
It’s an over-simplification, but following The Regulations, is what keeps businesses safe. While they’re far from perfect, following them, and the guidance that accompanies them, constitutes a defence in court. In short, The Regulations are our friend.
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Questions? Drop us a line. If we can help, we will.