Anti-money laundering registration
If you run a business in the financial sector, you may need to register with an anti-money laundering scheme.
Some businesses and individuals in the UK must register with a supervisory authority to follow anti-money laundering regulations.
Who needs to register
The regulations apply to:
- financial and credit businesses
- independent legal professionals
- accountants, tax advisers, auditors and insolvency practitioners
- trust and company service providers
- estate agency businesses
- letting agency businesses (with individual monthly rents of 10,000 euros or more)
- casinos
- high value dealers (handling cash payments of 10,000 euros or more in exchange for goods)
- art market participants (buying, selling or storing art worth 10,000 euros or more)
How to register
You must register with the supervisor that regulates your industry sector. You鈥檙e breaking the law if you carry on a business activity covered by the regulations but do not register with a supervisory authority.
You should check with your professional body about what to do if you believe you should be supervised for compliance with the regulations.
You may need to register with HMRC if you:
- are an estate agency business
- handle cash payments of 10,000 euros or more in exchange for goods
- do not have a listed supervising body
Supervising bodies A to E
Association of Accounting Technicians (AAT)
Email: aml@aat.org.uk
Telephone: 020 7397 3008
Association of Chartered Certified Accountants (ACCA)
Email: info@accaglobal.com
Telephone: 0141 582 2000
Association of International Accountants (AIA)
Email: aml@aiaworldwide.com
Telephone: 0191 4930272
Association of Taxation Technicians (ATT)
Email: aml@att.org.uk
Telephone: 020 7340 0551
Chartered Accountants Ireland
Email (Regulatory issues): carb@carb.ie
Email (Technical enquiries): technical@charteredaccountants.ie
Chartered Institute of Legal Executives (CILEx)
Email: practiceadvice@cilex.org.uk
Telephone: 01234 845777
Chartered Institute of Management Accountants (CIMA)
Email: prof.standards@cimaglobal.com
Chartered Institute of Taxation (CIOT)
Email: aml@ciot.org.uk
Telephone: 020 7340 0550
Council for Licensed Conveyancers (CLC)
Email: clc@clc-uk.org
Telephone: 01245 349599
Department for the Economy Northern Ireland
Email: tom.roulston@detini.gov.uk
Telephone: 028 9054 8532
Supervising bodies F to H
Faculty of Advocates
Telephone: 0131 260 5825
Advocates Library, Parliament House
Edinburgh
EH1 1RF
Faculty Office of the Archbishop of Canterbury
Email: faculty.office@1thesanctuary.com
Telephone: 020 7222 5381
Fax: 020 7222 7502
The Joint Registrars
The Faculty Office
1 The Sanctuary
Westminster
SW1P 3JT
Financial Conduct Authority (FCA)
Gambling Commission
Email: info@gamblingcommission.gov.uk
Telephone: 0845 606 9966 / 0121 230 6666
Fax: 0121 230 6720
Victoria Square House
Victoria Square
Birmingham
B2 4BP
General Council of the Bar
Email: contactus@barcouncil.org.uk
Telephone: 020 7242 0082
General Council of the Bar of Northern Ireland
Supervising bodies I to Z
Insolvency Practitioners Association (IPA)
Email: aml@ipa.uk.com
Telephone: 020 8152 4980
Insolvency Practitioners Association
46 New Broad Street
London
EC2M 1JH
Institute of Accountants and Bookkeepers (IAB)
Email: compliance@iab.org.uk
Telephone: 01732 897 756
Compliance Team
Suite 5, 20 Churchill Square
Kings Hill
Kent
ME19 4YU
Institute of Certified Bookkeepers
Email: mlr@bookkeepers.org.uk
Telephone: 0845 060 2345
Institute of Chartered Accountants in England and Wales (ICAEW)
Email: moneylaundering@icaew.com
Telephone: 01908 248 250
Institute of Chartered Accountants of Scotland (ICAS)
Email: mmullen@icas.org.uk
Telephone: 0131 347 0271
Institute of Financial Accountants (IFA)
Email: aml@ifa.org.uk
Telephone: 020 3567 5999
Law Society of Northern Ireland
Email: info@lawsoc-ni.org
Telephone: 028 9023 1614
Fax: 028 9023 2606
Law Society House
96 Victoria Street
Belfast
BT1 3JN
Law Society of Scotland
Email: fincomp@lawscot.org.uk
Telephone: 0131 226 7411
Solicitors Regulation Authority (SRA) 鈥� Solicitors in England and Wales
Email: practiceadvice@lawsociety.org.uk
Telephone: 0870 606 2522