ECSH44525 - Fees payable on an application to register

When a business registers for anti-money laundering supervision, it must pay fees to HMRC.

These are:

  • a registration fee for each premises
  • a fit and proper test fee (for money service businesses, or trust or company service providers) for each Beneficial Owner Officer Manager (BOOM) tested.
  • an approval process fee (for accountancy service providers, estate agency businesses, or high value dealers) for each BOOM tested.