Guidance

Money laundering: understanding risks and taking action for money service businesses

Recognise and reduce risk of money laundering if you are a money service businesses (MSB).

• From: HM Revenue & Customs
• Published: 14 October 2020
• Last updated: 21 November 2022 — See all updates

Documents

Understanding risks and taking action for money service businesses

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Risk assessment information provided to a Money Service Business (MSB) under Money Laundering Regulation 17(9) to assist relevant persons in carrying out their own money laundering and terrorist financing risk assessment.

Published 14 October 2020
Last updated 21 November 2022 + show all updates

1. 21 November 2022

   Additional key risk indicators and notes have been added to the tables in the 'Risks common to all MSBs' and Money Transmitters' sections.

2. 18 January 2021

   A link to the National Risk Assessment (NRA) 2020 has been added.

3. 14 October 2020

   First published.