Our Compliance with Money Laundering Regulations & The London Local Authorities Act 2007
We take pride in complying with UK Money Laundering Regulations, which involves obtaining specific information about our clients and their businesses. In addition, we are also required to abide by section 75 of the London Local Authorities Act 2007. This legislation mandates that all mail forwarding businesses register with the local authority and maintain records of all clients who use their services.
Our standardised process ensures that every client receives the same level of analysis, therefore demonstrating our dedication to maintaining the integrity of your Virtual Office address and our commitment to legal and ethical business practices.
In addition to complying with the Money Laundering Regulations, we are also required to abide by section 75 of the London Local Authorities Act 2007. This legislation mandates that all mail forwarding businesses register with the local authority and maintain records of all clients who use their services.
As part of these Compliances, in addition to completing our application form, we will ask you to provide us with proof of your residential address and a valid form of photographic identification such as or Driving Licence or Passport. We do however understand the importance of a prompt and hassle-free service setup and aim to activate new accounts within 24 hours of receiving the completed application form and required documentation. However, this information is crucial in preventing any unlawful activities as well as complying with Money Laundering Regulations.
Illegal Use of Our Address and Services
Squatting is a term used to describe companies or individuals who use and or display our address on any correspondence materials and have not been given any consent to do so, in some circumstances their activity is illegal. As a leading Virtual Office address provider, we are determined to prevent fraudsters and squatters who use our services for illegal purposes or without our consent, please find below companies currently using our address without our permission.