ECSH44970 - A business incorrectly declares that a beneficial owner, officer, or manager has previously passed the approvals check
When a business makes an application to register for anti-money laundering supervision, it is asked if any of its owners, officers or managers (BOOMs) have passed the approval check. The business selects Yes or No in response to this question.
If the business selects “Yes” to this question, the relevant fee will not be generated by HMRC systems.
When there is no record of a BOOM being checked or tested
Occasionally, a business will incorrectly state that a BOOM has passed the approvals check and therefore will not be charged the relevant fee. If you cannot find a record of a BOOM previously passing the approvals check in HMRC systems, you should contact the business via secure communication issued to its Government Gateway account.
In the secure communication you should request that the business:
- provide evidence to show that the person was previously approved and passed the test previously, or;
- that the business should amend its application to state that the BOOM has not previously been approved.
If the application is amended, the relevant fee will be automatically generated on HMRC systems. The business will need to pay this fee before its application can been progressed.
If the business does not provide evidence that the BOOM has previously passed the approvals check and does not amend its application to correct this inaccuracy, the business’ application for registration should be refused. Further guidance on the refusal process is available in ECSH47532.