At Eminent Global Compliance, we specialise in helping Money Service Businesses (MSBs), including money remittance and exchange firms, prepare thoroughly for HMRC audits and inspections. Our goal is to ensure you meet all requirements under the Money Laundering Regulations (MLR) and avoid costly penalties, warnings, or operational disruption.

✅ What We Offer

1. Comprehensive Documentation Review
We assess your internal compliance files to ensure they meet HMRC expectations. This includes:

• AML and CTF policy and procedures
• Customer Due Diligence (CDD) records
• Enhanced Due Diligence (EDD) cases
• Transaction logs and recordkeeping systems
• Staff training records and audit trails

2. Compliance Gap Analysis
We carry out a full compliance health check, identifying weaknesses or missing documentation that could raise red flags during an HMRC visit. We provide a clear, actionable report with recommendations.

3. Risk Assessment Validation
We review your Business-Wide Risk Assessment (BWRA) and ensure it reflects your current customer base, services, and delivery channels—key criteria HMRC examines during audits.

4. Mock Interview & Onsite Preparation
We prepare your team for HMRC questioning through simulated interviews and walkthroughs of common inspection questions. This builds staff confidence and ensures consistency in responses.

5. Agent & Sub-Agent File Review
If your business operates through agents, we assist in reviewing and updating agent files, ensuring proper onboarding records, ID checks, and ongoing monitoring procedures are in place.

6. Filing & Registration Check
We ensure your MLR registration with HMRC is up to date and assist in refreshing any expired or lapsed documentation, including ICO registration and Company Risk Assessments.

7. Post-Audit Support (if needed)
In case HMRC raises any findings during the audit, we assist in drafting responses, implementing corrective actions, and communicating with regulators as needed.

💡 Why It Matters

HMRC has the authority to impose significant penalties, restrict trading, or even revoke MLR registration for non-compliance. Our audit preparation service helps you:

• Avoid enforcement actions or reputational damage
• Improve internal AML controls and systems
• Meet legal and regulatory requirements confidently
• Show HMRC that your business takes compliance seriously

Whether your audit is scheduled or unexpected, Eminent’s compliance experts will guide you every step of the way—ensuring you're well-prepared, well-documented, and well-defended.

Let us help you turn audit readiness into a business strength.