Register or update your money laundering supervision with HMRC
Use the service to apply to register for money laundering supervision, update a registration or to manage your account.
Official website: gov.uk00
How to use the service
Before you apply you should: complete an anti-money laundering, terrorist financing, and proliferation financing risk assessment put in place policies, controls and procedures to manage and mitigate the risks you have identified add all beneficial owners, officers or managers ( BOOMs ), referred to as a responsible person on the registration system, on to the application add all premises where supervised activity takes place We may reject or refuse your application if you do not have these in place.
Fees
You should select ‘No’ to the question ‘Has (business name) been charged an approval check fee for ( BOOM )?’ if you’re: an estate agency business an accountancy service provider a letting agency business a high value dealer an art market participant If you can provide evidence that the BOOM has paid the £40 approval check fee previously, you can select ‘Yes’.
Official source
Register or update your money laundering supervision with HMRC
retrieved: