Think Currency is regulated through HM Customs and Excise under the Money Laundering Regulations 2003 (SI 1933/93 and Money Laundering Regulations 2001 (SI 3641/01.
Activities falling within the scope of these regulations include operations of bureau de change, transmission of money by any means and the cashing of third party cheques made payable to (or endorsed to) customers or another party such as an employer.
Think Currency is also regulated through Lloyds Corporate Banking with respect to its trading activities involving the purchase of foreign currency and/or the holding of clients funds.
