ECSH34235 - Referrals: watchlist

The watchlist is a spreadsheet that contains information about individuals and businesses that Economic Crime - Supervision (EC-S) may need to monitor, for example if a registration has been previously cancelled due to fit & proper failures and the individuals attempt to register again.

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



Authorisations Refusals

When Authorisations decision makers determine that a business’ application to register with HMRC for anti-money laundering supervision is refused, they should consider the guidance detailed in ECSH47533 to establish if the business or any individuals should be added to the watchlist.

 

Authorisations Cancellations

When cancelling a business’ registration for anti-money laundering supervision with HMRC, Authorisations caseworkers should refer to the guidance in ECSH48583 -  when to update the watchlist.