The Money Laundering Regulations came into force on the 1st March 2008 and place us (as well as any other person, firm or company who provides “by way of business…services in relation to the formation, operation or management of a company or a trust…”) under a lot more strict obligations concerning how and with whom we conduct our business. The practical effects are as follows:-
- Provision of Registered Office, Service Address or Nominee Services
We will require the details and documentation listed below
Proof of ID of a director, proprietor or agent to the aforementioned company:
Proof of Address – Utility bill, bank statement etc
Picture ID – Passport, Drivers licence etc
We cannot forward any mail onto you until the ID is received.
We honestly do not wish to create more paperwork and bureaucracy than is absolutely necessary as it generates more internal costs to us than we would like. These Regulations, though, are very clear, very strict and impose very heavy penalties upon any person deemed to be non-compliant, stretching quickly to custodial sentencing.