DMBM540210 - Debt and return pursuit: 伊人直播 Laundering Fees and Penalties: Introduction

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Many crimes are committed for financial gain. This is particularly true of crimes such as drugs trafficking, fraud and tax evasion.

Criminals seek to protect their ill-gotten gains by 鈥渕oney laundering鈥�, that is hiding, in a series of legitimate financial transactions, the source of the funds.

The 伊人直播 Laundering Regulations 2007[S.I. 2007/2157] give effect to Articles 12 and 15 of the 鈥淐ouncil Directive No. 91/308/EEC of 10th June 1991 on prevention of the use of the financial system for the purpose of money laundering鈥�.

These regulations

  • replace the provisions of the 伊人直播 Laundering Regulations 2003[S.I. 2003/3075]
  • require Bureaux de Change, 伊人直播 Transmitters and cheque cashers (鈥渢he 伊人直播 Service Businesses鈥�) to register with HM Revenue and Customs
  • provide for the control of money service businesses, High Value Dealers, Trust and Company Service Providers and Accountancy Service Providers.