HM Revenue and Customs Brief 37/08
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Issued 31 July 2008
Money Laundering Regulations 2007
We would like to let Trust or Company Service Providers (TCSP) and
Accountancy Service Providers (ASP) know that the updated MLR 9 Registration
Notice is now available. We would also like to tell businesses of the deadlines
they must apply to register with us.
Our MLR 9 Registration Notice has been updated to reflect feedback from
businesses in their discussions with HM Treasury about the interpretation of the
The guidance will help businesses decide if they need to register with us as
a TCSP or ASP, and explain when and how to apply.
We recommend that businesses refer to the guide for further help.
New registration dates
We would also like to tell businesses when they must apply to register with
Trust or Company Service Providers
- If you were in business as a TCSP before 15 December, you must apply to
register with us before the 30 September 2008.
- If you are setting up in business as a new TCSP you will
need to apply to apply to register before carrying on that business.
Accountancy Service Providers
- If you are in business as an ASP you must be registered with HMRC before
the 1 January 2009. In order for us to be able to process your application on
time you will need to complete and send your application form with the
appropriate registration fees to us by the 30 September 2008.
- If you are setting up in business as a new ASP you must be registered with
HMRC before the 1 January 2009.
We would also like to highlight
- Customs practitioners, freight forwarders, customs representatives and
similar businesses will fall within the scope of the regulations when they
carry out accountancy services including tax advice. (see MLR 9 sections
7.1.17 and 7.1.18)
We recommend you:
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Article Published/Sorted/Amended on Scopulus 2008-08-06 22:20:47 in Tax Articles