TCSP KYC & AML Compliance Overview
As a Trust or Company Service Provider (TCSP) supervised by HM Revenue & Customs (HMRC), The Hoxton Mix is required to comply with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended.
In line with HMRC guidance, our Customer Due Diligence (CDD) process involves the identification and verification of individuals and entities using our address and company-related services.
Who Must Provide Identification and Verification
Category | What We Obtain | When We Verify ID & Address |
|---|---|---|
Directors / Senior Managers | Full list of all directors and senior managers, including names, positions, and company details. | Verify identity only if the individual is also a Beneficial Owner (PSC/UBO), the person we are dealing with directly, or where our risk assessment indicates it is necessary. |
Persons of Significant Control / Ultimate Beneficial Owners (UBOs) | Full name, date of birth, nationality, address, and the nature and extent of ownership or control. | Always verify both proof of ID and proof of residential address for all UBOs / PSCs. |
Authorised Representatives | Written evidence of authority to act on behalf of the company (e.g., letter of authority or Companies House appointment). | Verify their proof of ID and address. |
Corporate Customers | Company name, registration number, registered office address, country of incorporation, governing law, and constitutional documents. | Verify company registration and beneficial ownership before any service is activated. |
✅ Summary:
• Identify all directors and company officers, but verify only those who are UBOs, PSCs, authorised representatives, or risk-flagged individuals.
• Always verify the proof of ID and proof of address for all UBOs and PSCs.
• Do not rely solely on the Companies House PSC register — take reasonable, independent steps to confirm ownership and control.
Next: → Why We Collect This Information
Updated on: 06/11/2025