Radical changes in the anti-money laundering regime have been introduced as a result of the Money Laundering Regulations 2017, the Criminal Finances Act 2017 and a new Office for Professional Body Anti-Money Laundering Supervision (OPBAs).
Lacking a firm risk assessment, inadequate customer due diligence, failure to report suspicious activity exposes you and your firm to disciplinary and/or criminal prosecution. The importance of meeting your legal and regulatory obligations in this area cannot be underestimated.
This recorded webinar provides an overview of the legal and regulatory framework, examples of vulnerabilities facing the accountancy profession and some practical day-to-day requirements for robust anti-money laundering operations.
Director of StandardsView presenter info
Anne has responsibility for regulation, policy, disciplinary, AML and making representations in response to consultations affecting the profession. She is a chartered accountant and has a wide range of experience in management and financial accounting, project management, system implementation, policy and regulation. Anne has worked in retail, financial services and the not-for-profit sector. She is also a trustee for a couple of charities.