ECL11200 - Appropriate collection authority
Persons will only need to register for and pay the ECL to one collection authority, even if they are supervised under MLR by more than one supervisor. This collection authority is called the appropriate collection authority.
- In cases where the Financial Conduct Authority (“FCA”) is the person’s supervisory authority, the FCA is the appropriate collection authority.
- In cases where the Gambling Commission (“GC”) is the person’s supervisory authority, the GC is the person’s appropriate collection authority.
- In cases where the person is supervised by HMRC, or by one of the 22 Professional Body Supervisors (PBSs), HMRC is the person’s appropriate collection authority. See [ECL11300] for a list of them
There will be situations where a person is supervised by more than one collection authority.
- In cases where a person is supervised by both FCA and HMRC, the FCA is the appropriate collection authority.
- In cases where a person is supervised by both the GC and HMRC, the GC is the appropriate collection authority.
- In cases where a person is supervised by both FCA and the GC, the GC is the appropriate collection authority.
- In cases where a person is supervised by either the FCA or the GC, and a PBS, the FCA or the GC is the appropriate collection authority.
If the person is supervised by either the FCA or the GC, they must follow their ECL process. They must do this even if HMRC also supervises some of their business activities.
If HMRC is the person’s appropriate collection authority, they must register with, submit an ECL return and pay the ECL to HMRC.