ECSH42577 - Operational Guidance: Evidence required if a business advises that it is a charity
Evidence required if a business advises that it is a charity
Services that are provided by some charities and public bodies are not within scope of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017) because they are not carried out ‘by way of business:’ See ECSH42576.
Some charities have separate trading arms that are limited companies and may be in scope of the Regulations.
A list of the types of charities and public sector bodies whose services aren’t carried out by way of business is available on the GOV.UK website.
You can verify if a business is a registered charity by checking the charity register.
If a business advises that it is a charity and the relevant activity carried out is not ‘by way of business, then it is out of scope of the MLR 2017, and the business should withdraw the application through the government gateway account.