Money Laundering Prevention

England.pl realise that as Money Service Business we could be exploited by money laundering and we know that we have both civic responsibilities and legal obligations to do all we can to prevent those who may use our services to money laundering.

For this purpose, special focus has been given to the operations in a way that not only ensures proper internal control, but also that effective checks on money laundering cases can be made simultaneously.

Legal Requirements under the Money Laundering Regulations 1993

Under this law we must:

• Confirm the identity of your customers;
• Appoint a Money Laundering Reporting Officer;
• Train our staff;
• Control our business by having anti money laundering systems in place;
• Hold all records for at least 5 years.

England.pl reserves the right to refuse a transaction at any time should suspicion arise that it may be connected to money laundering or any other criminal activity. In addition, England.pl will be obliged to report this suspicious activity to the relevant authorities, and as such you may be the subject of a criminal investigation.

England.pl as Money Service Business, under existing money laundering legislation, does register with Customs and Excise. Money Laundering Registration Number: 12255373