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The Economic Crime (Anti-Money Laundering) Levy (Amendment) Regulations 2025

S.I. 2025/1146 · Made 30 October 2025

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

ECONOMIC CRIME (ANTI-MONEY LAUNDERING) LEVY

Made 30th October 2025

Laid before the House of Commons 4th November 2025

Coming into force 25th November 2025

The Commissioners of His Majesty’s Revenue and Customs make these Regulations in exercise of the powers conferred by sections 58(2), (3)(l), (6) and (7) and 64(1) and (3) of the Finance Act 2022f1.

Before making these Regulations, the HMRC Commissioners have consulted the Treasury and each of the other appropriate collection authoritiesf2 in accordance with section 64(5) of the Finance Act 2022.

Annotations to the whole text

Footnotes

f1

2022 c. 3

f2

The other appropriate collection authorities are the Financial Conduct Authority and the Gambling Commission; see section 53(3) of the Finance Act 2022.

Contents

  1. 1Citation and commencement
  2. 2Amendment of the Economic Crime (Anti-Money Laundering) Levy Regulations 2022
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Economic Crime (Anti-Money Laundering) Levy (Amendment) Regulations 2025 and come into force on 25th November 2025.

2Amendment of the Economic Crime (Anti-Money Laundering) Levy Regulations 2022

(1)

The Economic Crime (Anti-Money Laundering) Levy Regulations 2022f1 are amended as follows.

(2)

In regulation 18 (Repayment of overpaid levy), after paragraph (3) insert—

“(4)

In relation to amounts treated as if the HMRC Commissioners were the appropriate collection authority under regulation 25, the HMRC Commissioners are the appropriate collection authority for the purposes of paragraph (1).”.

Signature

Penny Ciniewicz

Jonathan Athow

Two Commissioners of His Majesty's Revenue and Customs

30th October 2025

Explanatory note

(This note is not part of the Regulations)

These Regulations make provision about the repayment of overpaid amounts of the economic crime (anti-money laundering) levy (“the levy”) which is charged in accordance with Part 3 of the Finance Act 2022 (c. 3). These Regulations amend the Economic Crime (Anti-Money Laundering) Levy Regulations 2022 (S.I. 2022/269, “the 2022 Regulations”).

Regulation 2 ensures that where the Financial Conduct Authority or the Gambling Commission has transferred responsibility to the HMRC Commissioners in relation to unpaid amounts of the levy under regulation 25 of the 2022 Regulations, and a person has then paid an amount of the levy that was not due, then HMRC Commissioners are the appropriate collection authority responsible for any repayment.