Is Your Business at Risk of a Money Laundering Fine?

Is your business at risk of a money laundering fine?

If you work in a sector that falls under the Money Laundering Regulations, you could be at risk of a fine from HM Revenue & Customs (HMRC), and the latest figures show that many businesses are falling foul of the rules. Between October 2024 and March 2025, HMRC fined 336 businesses more than £3.2 million for failing to comply with anti-money laundering (AML) requirements. These are serious breaches with serious financial consequences. Who needs …

Are you on HMRC’s radar? The rising cost of money laundering compliance breaches

HM Revenue & Customs (HMRC) recently published its latest round of penalties for businesses breaching money laundering regulations, and the numbers should make any business owner sit up and take notice. Between October 2024 and March 2025, HMRC fined 336 businesses a total of over £3.2 million for anti-money laundering (AML) failings. If your business operates in certain sectors, you may be legally required to register with HMRC for supervision …