UK: The Economic Crime (Anti-Money Laundering) Levy Regulations 2022
/The Economic Crime (Anti-Money Laundering) Levy Regulations 2022 were laid before the House of Commons on 11 March and come into force on 1 April. Their purpose is to make provision in respect of the administration of the new levy (introduced by Part 3 of the Finance Act 2022) by those responsible for its collection (HMRC, the FCA and the Gambling Commission). Further Regulations are expected and will, amongst other things, deal with appeals, debt transfers, information sharing and enforcement.
