AML Policy & UK Requirements

Anti-money laundering (AML) refers to the laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income. Money laundering typically involves three stages: placement (introducing illicit funds into the financial system), layering (concealing the trail through complex transactions), and integration (making the funds appear legitimate).

In the United Kingdom, AML obligations apply to a wide range of businesses — including accountants, tax advisers, and Trust or Company Service Providers (TCSPs) — because they can be exploited as intermediaries in the laundering process. These businesses are legally required to take steps to identify their clients, understand the nature of their funds, and report suspicions to the authorities.

This page explains the UK legal framework, what Companies999 is required to do, and what we need from you as a client.