Assessing the risk of money laundering in your business If your business is registered with HMRC under Money Laundering Regulations you must carry out a risk assessment
Your everyday responsibilities under Money Laundering Regulations How to carry out 'customer due diligence' and implement internal controls and monitoring systems in your business
How to comply with EU Payments Regulation Money transmission businesses must ensure that electronic funds transfers are accompanied by 'Complete Information on the Payer'
Appointing a nominated officer and training your employees How to appoint a nominated officer for Money Laundering Regulations; training employees to identify and report anything suspicious
How to report a suspicious transaction or activity How to report a transaction you suspect of money laundering, how to ask SOCA for consent to proceed with a transaction