HMRC are contacting businesses who have registered to have an online anti-money laundering supervision account, to make them aware of important changes taking place on 15 January.
BVRLA members with an anti-money laundering supervision account on GOV.UK will be asked for the date of birth of each responsible person in their business and to confirm if they have passed HMRC’s fit and proper test, or approval.
This change has been implemented to reflect the 2017 Money Laundering Regulations, which have introduced additional restrictions on who is allowed to be a responsible person.
HMRC is providing updated guidance and produced a short 15-minute webinar to help businesses with compliance.
