AML Regulations
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Aug- 2024 -29 AugustAdvice & Best Practice
What the AML regulations mean in practice
The National Crime Agency estimates that money laundering operations within the UK economy reach into the hundreds of billions of pounds. To aid accountants in navigating and advancing their compliance with anti-money laundering (AML) requirements, Tim Pinkney, the IFA’s Director of Professional Standards, explores key AML concerns. AML regulations accountants…
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Jul- 2024 -22 JulyFeatures
A guide to navigating complex financial regulations
In the ever-evolving landscape of financial regulation, UK accountants find themselves navigating a labyrinth of rules, standards, and compliance requirements. As guardians of financial integrity and compliance, accountants must stay abreast of these changes to effectively guide their clients and organisations. This guide aims to provide a comprehensive overview of…
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Jun- 2024 -3 JuneSponsored
Strengthening AML Compliance with Capium and Veriphy
Are you up-to-date with the latest Anti-Money Laundering (AML) regulations? Do you want to ensure your business remains compliant while streamlining your processes? If so, we invite you to join our upcoming webinar, “Strengthening AML Compliance with Capium and Veriphy” where we will delve into the essential strategies and tools…
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Aug- 2022 -26 AugustComment
Ethics over fines: why accountants need to be on the right side of history
According to the United Nations, between 715 billion and 1.87 trillion Euros are laundered each year, equating to between 2 and 5% of annual global GDP. Closer to home, a recent report by the investigative Financial Times team highlighted how endemic the issue of money laundering has been, with around…
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Jun- 2022 -9 JunePractice Regulation
70% of accountants have money laundering fears, report finds
Concerns about money laundering have risen by 70% among accountants since Russian events and sanctions began, a new report has found. According to First AML, 75% of accountancy firms have made anti-money laundering a priority in the past year. First AML, an end-to-end anti-money laundering software, surveyed 200 accountants and…
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