Written questions, answers and statements

Money Laundering: Prosecutions

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Question for HM Treasury

UIN 130173, tabled on 27 February 2018

Question

Helen Goodman
Labour
Bishop Auckland
Commons

To ask Mr Chancellor of the Exchequer, how many companies have been prosecuted by HMRC under the Money Laundering Regulations 2017 in the last year.

Answer

Mel Stride
Conservative
Central Devon
Commons

Answered on

5 March 2018

HMRC has not prosecuted any companies under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 in the last eight months since its enactment.

HMRC successfully prosecuted one individual under the Money Laundering Regulations 2007 in 2016/17 and one individual in 2017/18 to date.

Answered by

Treasury
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