Consultant Lawyer Solutions Ltd has registered for MLR with HMRC. Some businesses have to register with HM Revenue & Customs (HMRC) under the Money Laundering Regulations if your business is a Trust or Company Service Provider, unless you’re already supervised by another body. Consultant Lawyer Solutions Ltd isn't a law firm or claims management company, so has no supervising body. Our Founding Director, Martin Callan, who is a Fellow of the Chartered Institute of Legal Executives (CILEx) and a Chartered Legal Executive, is individually regulated by CILEx through CILEx Regulation Ltd who are his supervising body under The Money Laundering Regulations 2007 as amended by The Money Laundering (Amendment) Regulations 2015 (SI: 2015 No. 11)
HMRC has produced guides which will help you decide if you need to register with HMRC as a Trust or Company Service Provider. They will guide you as to what types of business are covered and what types aren’t, and links to information about how to register if you need to or elect to voluntarily.
A Trust or Company Service Provider is any firm or sole practitioner whose business is to form companies or other legal persons together with a range of assocaited services. Consula provides such services to UK and International clients asd part of a range of packaged services that combine legal, regulatory, business, finance and accounting.
Registration under the MLR provides an added layer of compliance and protection to clients, businesses and consumers but also to the UK Government Tax authorities.
Earlier posts on this blog related to our Founding Director, Martin Callan, who sat on two HM Treasury committees for 8 years relating to Stamp Taxes Land Duty and Tax De-regulation. Martin knows first hand that HMRC is determined to systematically reduce fruad, tax avoidance, tax evasion and to maximise tax revenue intake across all of its departments. This policy, combined with more restrictive legislation relating to tax haven's, non-dom's, and an increasing number of anti-avoidance measures, backed up by a significant increase in the number of legal cases being found in their favour has resulted in a number of new requirements for UK Businesses.
Consula prides itself on its comitment to delivering quality services within a regulatory framework that provides Consumers and Clients with the standards and protection they deserve.