This page takes you through the process for registering with HMRC for AML. To register for AML Protect’s reminders,
operated by FCS Compliance, click
here. AML Protect is operated by FCS Compliance. AML Protect, or FCS Compliance, are
not affiliated with or operated by HMRC or Government Gateway.
What happens if you do not register
You may receive a penalty if you do not register a relevant business.
This includes carrying on business as an estate agency:
- without being registered
- after your registration has been cancelled
The amount of the penalty will depend on each individual case. HMRC will take into
consideration:
- if you told HMRC that you're not registered or HMRC has discovered it
- your reasons for not registering
- if you have had any previous warnings or penalties
Annual supervision
At the end of each registration period, HMRC will send you a notice inviting you to
update your registration by paying the annual fee on all your listed premises.
If you do not need your registration to continue you should deregister on your business
.
If you do not pay the correct fee, then HMRC may terminate your registration and
remove your business from the HMRC anti-money laundering register.
Before you apply to register
Before you apply you should:
- complete an anti-money laundering risk assessment
- put in place policies, controls and procedures to manage and mitigate the risks you have identified — HMRC
will reject your application if you do not have these in place. FCS Compliance can help
you undertake a risk assessment and write a policies, controls and procedures document, to find out
more about our services, click here
- add all officers, beneficial owners, senior managers and sole proprietors as
responsible persons on the application
- add all premises where supervised activity takes place
Approval check fee
You should select 'No' to the question 'Has (business name) been charged an approval
check fee for (responsible person)?' 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 responsible person has paid the £40 approval
check fee previously, you can select 'Yes'.
Applying to register
Watch a video about how to register for anti-money laundering supervision.
Sign in to your HMRC account to apply to register for money laundering supervision.
When you apply you must:
- tell HMRC about your premises
- pay the registration fees due
Find out more about the
fees you'll need to pay for money laundering supervision.
HMRC will not review your application until you pay the fees.
After you've applied to register online
HMRC will carry out approval checks or a
fit and proper test on the 'responsible' people you include in
your application.
HMRC will send you an email which will outline the risks of corresponding by email.
If you agree to communicate using this method, HMRC may email you, to tell you:
- what you need to do to progress your application
- when HMRC have made a decision
HMRC may also telephone you to explain any required actions.
HMRC will review your application. This can take up to 45 days for new applications, but
may take longer if HMRC need to contact you for:
- extra information
- payment
- account updates
HMRC will send you an email when they have made a decision.
You can sign in at any time to check the status of an application.
You can appeal the decision if you disagree with the outcome.