Nottinghamshire businesses have been fined for breaching HMRC anti-laundering rules. Certain types of business are required to register with HM Revenue and Customs, which oversees Money Laundering Regulations, and on Thursday, June 8 the government department published the details of businesses which had not complied with these rules between July 1 and December 31, 2022.
HMRC's list of compliance and registration penalties, which included four Nottinghamshire companies, was caveated by the government body. It said the businesses may have changed their behaviour, may no longer be based at the published address, those at the published address may have no connection with the published business, and that the firms could be under new, and completely different management.
The largest fine in the county was issued to Lighthouse Estate Agents Limited EAB, of Station Street, Kirkby-In-Ashfield, which had to pay £14,500 after it was judged to have failed to register at the time needed. Director Simon Wright explained the fine was the result of an "unfortunate" mistake.
