Anti-Money Laundering & Financial Crime Statement

MF Financial Ltd is committed to preventing financial crime and protecting the integrity of the UK financial system. We take our responsibilities under the Money Laundering Regulations 2017, Proceeds of Crime Act 2002, Terrorism Act 2000, and all relevant FCA rules extremely seriously.
This statement outlines our approach to Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), and fraud prevention.

MF Financial works with high-net-worth individuals, founders, executives, international buyers, and clients with complex income structures. Given the nature of our client base and the values of discretion and trust at the core of our service, we maintain robust controls to ensure all financial activity is legitimate, transparent, and compliant.



Our Commitment


MF Financial will:

  • Take all reasonable steps to prevent our services being used for money laundering or financial crime

  • Conduct thorough due diligence on all clients and related parties

  • Report suspicious activity to the appropriate authorities

  • Comply fully with FCA regulations and UK AML legislation

  • Maintain strict confidentiality while fulfilling all legal obligations

We operate a zero-tolerance policy towards financial crime.



Client Due Diligence (CDD)


Before providing advice or submitting any application, we must verify the identity and legitimacy of each client.

This may include:

  • Proof of identity (passport, driving licence)

  • Proof of address

  • Verification of source of funds

  • Verification of source of wealth

  • Company structure documents (for directors, founders, or corporate purchasers)

  • International verification for overseas clients

Enhanced Due Diligence (EDD) is applied where:

  • Higher-risk jurisdictions are involved

  • Complex corporate structures exist

  • Large or unusual transactions take place

  • The client holds a politically exposed role (PEP)

You may be asked for additional information or documentation — this is standard practice and required by law.



Monitoring & Ongoing Checks


We continuously assess and monitor:

  • The accuracy of information provided

  • Any changes to client circumstances

  • Transaction patterns that could indicate unusual or suspicious activity

Ongoing reviews ensure we maintain an up-to-date understanding of each client’s financial profile, especially in cases involving multi-entity structures, foreign income, or non-traditional earnings.



Reporting Obligations


Under UK law, MF Financial is required to file Suspicious Activity Reports (SARs) with the National Crime Agency (NCA) if we believe:

  • A transaction is linked to money laundering or terrorist financing

  • A client’s funds may be derived from criminal activity

  • False or misleading information has been provided

We are legally prohibited from informing clients when such a report has been made (“tipping off”).



Record Keeping


We retain AML-related records for a minimum of five years, including:

  • Identity verification documents

  • Transaction information

  • Risk assessments

  • Correspondence and evidence supporting due diligence checks

This is required under the Money Laundering Regulations and FCA rules.



Protection Against Fraud


MF Financial employs strong internal controls to reduce the risk of fraud, including:

  • Secure digital systems

  • Encrypted communication channels

  • Verification of bank details

  • Restricted access to sensitive files

  • Monitoring of unusual patterns or requests

Our systems and processes are designed to protect both our clients and the business.



Staff Training & Internal Controls


All staff and advisers are trained regularly on:

  • Money laundering risks

  • Identifying suspicious behaviour

  • FCA requirements

  • Proper escalation procedures

We maintain a formal AML framework that includes:

  • A nominated Money Laundering Reporting Officer (MLRO)

  • Internal reporting channels

  • Ongoing compliance audits

  • Documented policies and procedures



Working With Lenders & Third Parties


MF Financial only works with lenders, banks, and professional partners that meet UK regulatory standards and maintain their own AML and CTF frameworks.

We may share relevant client information with lenders as part of their own AML processes, always in accordance with data protection laws.



Your Role as a Client


To comply with AML regulations, we may require clients to:

  • Provide up-to-date identification

  • Supply financial evidence or documentation

  • Explain the source of funds or wealth

  • Clarify corporate or trust structures

Providing accurate information promptly ensures your case can proceed without delay.



Contact Us


If you have any questions about this statement or our AML requirements, please contact:

MF Financial Ltd
Email: es.salh@mortgagefnd.co.uk
Phone: 020 3151 0813
Address: 128 City Rd, London EC1V 2NX, UK