HM Treasury have published two consultations in relation to Anti-Money Laundering:
1. Changes to the Money Laundering Regulations
Both consultations are open for responses until 14th October 2021.
More information on all of HMRC’s anti money laundering guidance for businesses can be found at:
The obligations under AML have often been understood, especially the obligations to register for supervision with a relevant body, or HMRC.
Payroll professionals who undertake certain tax filing obligations, and who may also be considered to be providing tax advice type services may fall under obligations to register with either a professional body or HMRC.