Does my business require Money Laundering Supervision?
If you provide will writing, estate planning, probate or trust services, you may be required to register with HMRC for Anti-Money Laundering (AML) supervision under the UK Money Laundering Regulations. HMRC can issue significant fines and take public enforcement action against businesses or sole practitioners who fail to register or meet their AML obligations. If the nature of the work you do means you need to register as a Tax Adviser to obtain an Agent Code from HMRC, you can't do that without first being registered for Money Laundering Supervision. If MTAR applies to you, AML registration isn't optional - it's a precondition.
Our Free AML Checklists can help you quickly determine whether your business is in scope, and what steps to take.
Not sure where to start? Here are your options:
Check if Money Laundering Supervision applies to you
Join WillComply Essentials for free to download our AML Supervision Checklist, our Lifetime and Asset Protection Trust Checklist, and other compliance resources. Get clarity on whether you need to register with HMRC for Money Laundering Supervision as a Trust Company Services Provider (where you offer trust services, including asset protection trusts) or Accountancy Service Provider. No credit card required, and less than a minute to sign up.
Already know what you need? Go straight to our templates
Skip ahead to the WillComply AML Compliance Pack and other template packs to get started building your AML policy, Company Wide Risk Assessment, and the other documentation HMRC expects you to have in place. Our WillComply AML Compliance Pack includes an hour of dedicated support time from Charlotte Ponder TEP.
Helping you understand the AML rules for will writers and estate planners, reduce risk, and stay aligned with HMRC requirements.