Take this quick quiz to find out if your services require you to register for anti-money laundering (AML) supervision and what steps you need to take to stay compliant. Answer honestly to get tailored advice at the end!

Do you create, send, or manage invoices for your clients?

A) No, I only organise invoices they’ve already sent or received.

B) Yes, I create invoices based on my client’s instructions.

C) Yes, I create and send invoices directly through an accounting system like Xero or QuickBooks.

Do you organise or manage financial records for clients?

A) I only file documents like receipts and invoices.

B) I log data into spreadsheets or software for tracking purposes.

C) I reconcile bank statements and maintain the client’s full financial records.

Do you create or provide financial reports for clients?

A) No, I don’t handle reporting at all

B) I prepare basic summaries (e.g., income vs. expenses) for the client’s review.

C) Yes, I create detailed management accounts or financial statements.

Do you process or handle payments for your clients?

A) No, I don’t touch any financial transactions.

B) I set up payments for my client to approve.

C) Yes, I make payments on their behalf.

Do you verify your clients’ identities or perform any type of checks before working with them?

A) No, I don’t perform any verification.

B) I sometimes ask for basic details like business registration or ID.

C) Yes, I regularly perform identity checks and keep records of them.

If you noticed unusual or suspicious activity in a client’s financial transactions, what would you do?

A) I wouldn’t get involved—it’s not my responsibility.

B) I’d mention it to the client and let them handle it.

C) I’d report it as required by AML regulations.

Are you registered with HMRC for AML supervision?

No, I don’t think it applies to me.

B) I’m not sure if I need to register.

C) Yes, I’m fully registered and compliant.