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how do the money laundering laws affect an individual when

Customer Question

how do the money laundering laws affect an individual when large amounts are concerned when transfering funds from USA to UK and North Cyprus
Submitted: 4 years ago.
Category: Tax
Expert:  bigduckontax replied 4 years ago.
Hello, I'm Keith and happy to help you with your question.

For a full and comprehensive breakdown of the rules and how they apply to the individual use a search engine and enter 'money laundering regulations 2013.' You will then obtain the whole HMRC chapter and verse on the subject. These can be downloaded in pdf format and provide an excellent guide to the systems in place.