Money Service Businesses – late applications to apply to re-register under the Money Laundering Regulations (MLRs) 2007

All existing Money Service Businesses (MSBs) should now have submitted their application forms to re-register under the MLRs 2007 along with their fit and proper test application forms and appropriate fees.

After Friday 14 March 2008, HM Revenue & Customs will cancel the registration of any businesses who have not submitted their application forms. If you have not applied to re-register, and you continue to trade after this date, you will face penalty action or prosecution.

To continue to trade you must send your application forms and relevant fees to the address below by 14 March. If you apply to re-register after 14 March you will be treated as a new business. You will have to pay registration fees in addition to the fit and proper fee and will not be able to trade legally until your application has been processed which can be up to 45 days after your application has been received.

If you do not wish your registration to continue, you need to notify the MLR registration team in Southend-on-Sea in writing to avoid any unnecessary action being taken by HMRC for failing to re-register.

Their address is:

9th Floor
Alexander House
21 Victoria Avenue
Southend-on-Sea
Essex
SS99 1AG