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<p>As part of the new Money Laundering Regulations introduced in June 2017, HMRC has
a duty to publish information about penalties charged under the Regulations.</p><p>
</p><p>Publishing decisions will be made on a case-by-case basis, considering proportionality,
size of penalties and any impact on the financial markets or an ongoing investigation.
These considerations will inform whether HMRC publishes with full identity, anonymously
or not at all in a listing on GOV.UK.</p><p> </p><p>HMRC is currently considering
all relevant penalty cases and, where appropriate, will publish details on GOV.UK
shortly and on an ongoing basis thereafter. All businesses receiving a penalty under
the new regulations have been informed of HMRC’s duty to publish.</p><p> </p><p>This
requirement was not in the Money Laundering Regulations 2007 and the details of any
penalties issued under those regulations cannot be published or disclosed.</p>
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