HMRC ECS Registration
HMRC Economic Crime Supervision Authorisation for Money Services Businesses
About HMRC ECS Registration
Money services businesses (MSBs) provide currency exchange and money remittance services to individuals and organisations. Due to the nature of their activities, MSBs operate within a complex regulatory environment and are particularly exposed to risks such as money laundering, fraud, online scams, and terrorist financing. As a result, strict compliance with Anti-Money Laundering (AML) regulations is essential, and MSBs are required to register their business, agents, and branches with HMRC.
Calyx Solutions UK Ltd provides confidential consultations and end-to-end support for HMRC Economic Crime Supervision registration, helping clients set up and operate currency exchange and money remmitance businesses. We manage the full application process—from initial consultation to final approval—ensuring a smooth and compliant registration.
Our HMRC ECS Registration Services
Once the initial consultation is successfully completed and your eligibility to operate a money services business under HMRC’s fit and proper criteria is confirmed, we move forward with the registration process upon agreement of the application approach and fees—ensuring a clear, structured, and seamless experience.
Filling in the Application form
We will liaise with you for the details requested on the form so as to provide correct and true details to the HMRC.
Follow up Queries
We will assist with any queries raised by the case officer reviewing your application.
Changes in circumstances
We assist with notifying the HMRC about changes in business name, address, agency status, directors appointment or opening or closure of branches.
Annual Renewal
We also provide assistance with annual renewal of registration.
Filling in the Application form
We will liaise with you for the details requested on the form so as to provide correct and true details to the HMRC. Based on our experience, we will advise on the best ways to fulfill the requirements of the HMRC regarding the business plan and activities to be carried out, net profit projections, eligibility criteria in terms of work experience, fitness and propriety of the Responsible persons to be in charge of the business.
Follow up Queries
Once the application form is submitted, we will assist with any queries raised by the case officer reviewing your application. Such queries may be raised via emails or a personal visit by them to your office premises.
Changes in circumstances
The HMRC need to be notified of any changes in the business name, address, agency status, directors appointment or opening or closure of branches. Failure to do so can result in a fine/penalty being charged to the business. We assist with notifying the HMRC about such changes in a timely manner once we are made aware of the same.
Annual Renewal
We also provide assistance with annual renewal of registration.
Fees and Exemptions
Want to know the exact fee you pay to HMRC, and what letters they send for Fit and Proper? We will answer all your queries.
Fees Charged by the HMRC
Application Fee
The fee charged for HMRC ECS new registration is GBP 300.00
Annual Supervision Fee (Premises Fee)
The fee charged for per location where the business will be carried out from is GBP 400.00
Fit and Proper Tests
One-off fee GBP 500.00 per person to be appointed as the responsible person.
Get Expert Guidance on HMRC ECS Registration
Contact our compliance experts today to discuss your HMRC ECS registration needs