Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network

AML, Financial Crime, UK

NEWS: Britain’s revenue service pulls the plug on tax agency

By Alisha Houlihan for AMLi

Tax Credits Ltd (TCL) can no longer trade as a repayment agent in the United Kingdom (UK).

In a statement, The HM Revenue and Customs (HMRC) said they had “committed serious anti-money laundering (AML)” breaches.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!