Tulip Siddiq – 2016 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Tulip Siddiq on 2016-05-04.
To ask Mr Chancellor of the Exchequer, how many companies in each business sector have been registered with HM Revenue and Customs’ Supervised Business Register in each year since 2009-10; and what estimate his Department has made of the proportion of companies which were not registered with a professional body as required by anti-money laundering regulations in each such year.
Mr David Gauke
The number of HM Revenue and Customs (HMRC) anti-money laundering supervision registrations by sector in each year since 2009 are given in the table below. HMRC does not have an estimate of businesses not registered for supervision that should be, but as part of its supervisory role actively undertakes to identify such businesses by using its own data and working with other supervisors and agencies.
|
End of year… |
2009/2010 |
2010/2011 |
2011/2012 |
2012/2013 |
2013/2014 |
2014/2015 |
2015/2016 |
|
Money Service Business registrations* |
3,585 |
3,633 |
3,691 |
3,480 |
2,850 |
2,373 |
2,177 |
|
High Value Dealer registrations |
1,173 |
1,193 |
1,332 |
1,336 |
1,294 |
1,035 |
881 |
|
Accountancy Service Provider registrations |
12,689 |
12,941 |
13,009 |
13,151 |
13,246 |
13,120 |
13,131 |
|
Trust or Company Service Provider registrations |
2,301 |
2,340 |
2,442 |
2,531 |
2,577 |
2,640 |
2,729 |
|
Estate Agency Business registrations** |
7,809 |
8,710 |
9,305 |
||||
|
Total registrations*** |
18,219 |
18,570 |
18,799 |
18,740 |
18,182 |
26,032 |
26,371 |
* From 2011/2012, the Money Service Business (MSB) sector includes a very small number of Bill Payment Service Providers (BPSPs) and Telecommunications, Digital and IT Payment Service Providers (TDITPSPs)
** Before 2013/2014 Estate Agency Businesses (EABs) were supervised by the Office of Fair Trading. HMRC is now the sole supervisor of EABs.
*** The sums of sector breakdowns are less than the total registration figures because a business may be registered for more than one sector. HMRC does not double-count businesses when calculating total registrations.
