HMRC report on money laundering regulation breaches

Released 07 January 2021

HMRC have published the latest list of businesses handed fines for breaching the money laundering regulations.

In 2019–20 HMRC completed 2,000 interventions on supervised businesses, issued penalties totalling £9.1m and stopped 89 non-compliant businesses and individuals from trading. HMRC also recouped over £166m from the proceeds of crime, of which more than £22m was linked to money laundering offences.

For further information, see the HMRC press release HMRC issues record £23.8m fine for money laundering breaches.

View the report Businesses that have not complied with the regulations, and suspensions and cancellations of registration (2020 to 2021).

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