MLR1PP2050 - MLR1 Penalties Guidance: The scope of this guidance: Introduction

This guidance is effective from 15 December 2007 and replaces the guidance for the 2001 and 2003 Regulations. The 2003 Regulations were repealed with effect from 15 December 2007.

The Money Laundering Regulations, Payments Regulation and Transfer of Funds Regulations 2007 are referred to throughout this guidance as "the Regulations".

In line with the other MLR supervisors, HMRC have adopted the principles of good regulation in the Regulators Compliance Code within this guidance.

(This text has been withheld because of exemptions in the Freedom of Information Act 2000)