Economic Crime Levy: changes to bands and charges

This measure increases the amount charged under the Economic Crime (Anti-Money Laundering) Levy from financial year beginning April 2026 onwards. It affects entities that are both regulated for anti-money laundering purposes and have UK revenue over £10.2 million each year.

This measure splits the previous large band into two new bands:

• Band B for entities with UK revenue between £36 million and £500 million, with Economic Crime Levy payable of £36,000
• Band C for entities with UK revenue between £500 million and £1 billion, with Economic Crime Levy payable of £500,000

It also renames the remaining bands as A and D and increases the Economic Crime Levy payable by band A to £10,200, and Band D to £1 million.