ECSH45785 - Fit and proper and approvals: Contents: operational guidance: List of checks or tests conducted on each sector
The approvals check is conducted on applications from the following sectors:
- Art Market Participants (AMPs)
- Accountancy Service Providers (ASPs)
- Estate Agency Businesses (EABs)
- Letting Agency Businesses (LABs)
- High Value Dealers (HVDs)
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)
For more information on the specific checks that are conducted on approvals, see ECSH45780.
The fit and proper test is conducted on applications from the following sectors:
- Money Service Businesses
Trust or Company Service Providers
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)
Neither the approvals check, nor the fit and proper test is conducted on Telecommunications Digital IT Payment Service Providers (TDITPSPs) and Bill Payment Service Provider (BPSP).
BPSPs and TDITPSPs do not fall under Regulation 26 of MLR 2017 which means that HMRC register and supervise these sectors, but they are not subject to approvals check.
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)