High value dealer guidance for money laundering supervision
How to helprecognise risks to prevent money launderinglaundering, terrorist financing and terroristproliferation financing if you are a high value dealer.
- From:
- HM Revenue & Customs
- Published
- 16 July 2010
- Last updated
-
614FebruaryNovember20242025 — See all updates
Documents
Money laundering supervision guidance for high value dealers
ODT, 146 KB
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Details
Under regulations 17 and 47 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all high value dealers must carry out a risk assessment. This guidancemust helpsbe highdone in line with regulations 18 and 18A to identify and assess the risks to their business for:
- money laundering
- terrorist financing
- proliferation financing
High value dealers must meet their requirements for money laundering supervision, including:
- customer due diligence
- record keeping
- reporting suspicious activity
Find out more about understanding risks and taking action if you’re a high value dealer.
Updates to this page
Published 16 July 2010
Last updated 614 FebruaryNovember 2024
+ show2025
href="#full-history">+ show all updates
-
Sign up for emails or print this page
Update history
2025-11-14 11:37
Guidance about risks common to all high value dealers has been added.
2024-02-06 08:10
The guidance has been amended with the latest updates to the Money Laundering Regulations.
2023-10-17 12:34
The guidance has been amended with the latest updates to the Money Laundering Regulations.
2022-10-21 08:45
The guidance has been amended with the latest updates to the Money Laundering Regulations.
Money laundering supervision guidance for high value dealers
ODT, 146 KB
This file is in an OpenDocument format
This file may not be suitable for users of assistive technology.
Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.
Details
Under regulations 17 and 47 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all high value dealers must carry out a risk assessment. This guidancemust helpsbe highdone in line with regulations 18 and 18A to identify and assess the risks to their business for:
- money laundering
- terrorist financing
- proliferation financing
High value dealers must meet their requirements for money laundering supervision, including:
- customer due diligence
- record keeping
- reporting suspicious activity
Find out more about understanding risks and taking action if you’re a high value dealer.
Updates to this page
Published 16 July 2010
Last updated 614 FebruaryNovember 2024
+ show2025
href="#full-history">+ show all updates
-
Sign up for emails or print this page
Update history
2025-11-14 11:37
Guidance about risks common to all high value dealers has been added.
2024-02-06 08:10
The guidance has been amended with the latest updates to the Money Laundering Regulations.
2023-10-17 12:34
The guidance has been amended with the latest updates to the Money Laundering Regulations.
2022-10-21 08:45
The guidance has been amended with the latest updates to the Money Laundering Regulations.
Details
Under regulations 17 and 47 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, all high value dealers must carry out a risk assessment. This guidancemust helpsbe highdone in line with regulations 18 and 18A to identify and assess the risks to their business for:
- money laundering
- terrorist financing
- proliferation financing
High value dealers must meet their requirements for money laundering supervision, including:
- customer due diligence
- record keeping
- reporting suspicious activity
Find out more about understanding risks and taking action if you’re a high value dealer.
Updates to this page
Sign up for emails or print this page
Update history
2025-11-14 11:37
Guidance about risks common to all high value dealers has been added.
2024-02-06 08:10
The guidance has been amended with the latest updates to the Money Laundering Regulations.
2023-10-17 12:34
The guidance has been amended with the latest updates to the Money Laundering Regulations.
2022-10-21 08:45
The guidance has been amended with the latest updates to the Money Laundering Regulations.