Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to kiloran,Anonymous,Howard,Gostevie,JuanDB, for Donating to support the site

Charity Treasurer and AML regulations

Straight answers to factual questions
Forum rules
Direct questions and answers, this room is not for general discussion please
Watis
Lemon Slice
Posts: 925
Joined: November 5th, 2016, 10:53 am
Has thanked: 139 times
Been thanked: 281 times

Charity Treasurer and AML regulations

#409181

Postby Watis » May 4th, 2021, 8:57 am

DAK whether the honorary Treasurer of a UK registered charity needs to be registered for Anti-Money Laundering supervision?

My investigations suggest not, but I would welcome input from knowledgeable Fools.

TIA,

Watis

AF62
Lemon Quarter
Posts: 1511
Joined: November 27th, 2016, 8:45 am
Has thanked: 28 times
Been thanked: 463 times

Re: Charity Treasurer and AML regulations

#409234

Postby AF62 » May 4th, 2021, 1:19 pm

I suggest the answer depends on the activities of the charity, and whether they have any ‘business’ activities that fall within the requirement to register -

https://www.gov.uk/guidance/money-laund ... tor-bodies

Watis
Lemon Slice
Posts: 925
Joined: November 5th, 2016, 10:53 am
Has thanked: 139 times
Been thanked: 281 times

Re: Charity Treasurer and AML regulations

#409776

Postby Watis » May 6th, 2021, 11:37 am

Thanks, AF62.

I found that page too, and it's the only place that seems to provide the answer after several searches in recent months. I had thought there would be something on the Charities Commission website, but apparently not.

Watis


Return to “Does anyone know?”

Who is online

Users browsing this forum: No registered users and 5 guests