Getting Started with KYC & AML
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 VerifFeaturedWhy We Collect This Information
The Hoxton Mix is a Trust or Company Service Provider (TCSP) regulated by HM Revenue & Customs (HMRC) under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended. We are legally required to perform Customer Due Diligence (CDD) checks on all customers before providing address, company, or related business services. These checks help us to:Featured
Providing Your Documents
Proof of Identity (Photo ID)
As part of our Customer Due Diligence (CDD) obligations under UK law, we must verify the identity of every individual who is a Person of Significant Control (PSC) or Ultimate Beneficial Owner (UBO) of a company using our services. We may also verify the identity of authorised representatives or directors where required by our risk assessment. All identity verification is carried out securely through Veriff, our trusted verification platform. You’ll be guided to upload a vaFeaturedProof of Address
Under UK Money Laundering Regulations, we must verify the residential address of every Person of Significant Control (PSC) or Ultimate Beneficial Owner (UBO) who uses our services. We may also verify authorised representatives where required by our risk assessment. All address verification is carried out securely through Veriff. Accepted Proof of Address Documents Your document must: Show your full name and residential address. Be issued within the last 3 moFeaturedBusiness and UBO Verification
When you set up a business account or use our address services through The Hoxton Mix, we’re required to identify and verify the individuals who own or control the business — known as Persons of Significant Control (PSCs) or Ultimate Beneficial Owners (UBOs). This process ensures that our services cannot be used to disguise the ownership or source of funds of a company, in line with the Money Laundering Regulations 2017 (as amended). What We Collect for BusinessesFeatured
Understanding Anti-Money Laundering (AML)
Sanctions and AML Screening
To comply with UK Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations, The Hoxton Mix performs automated sanctions, watchlist and Politically Exposed Person (PEP) screening on every verified individual and organisation. This step helps ensure we do not provide services to anyone subject to financial sanctions or involved in illicit activity. What We Screen ForFeaturedService Activation & Ongoing Compliance
Your Hoxton Mix service can only be activated once all verification checks are complete. This ensures full compliance with the UK Money Laundering Regulations 2017 (as amended) and our own internal AML policy. Before ActivationFeaturedUltimate Beneficial Owner (UBO) Examples
To meet UK Anti-Money Laundering (AML) and Customer Due Diligence (CDD) obligations, we must identify and verify all Persons of Significant Control (PSCs) or Ultimate Beneficial Owners (UBOs) who ultimately own or control a company. Table of Contents Example 1: Single Director / Sole Shareholder Example 2: Two Directors, Equal Shareholding Example 3: Parent Company Ownership (Featured