Ethics and AML round-up

26 June 2020: The essential resources for ICAEW members when it comes to ethical and AML issues.

This list of essential resources gives you links to resources that could prove useful as the pandemic and downturn continue.

AML responsibilities – client take-on during Covid-19

ICAEW have produced a guide for members on how to comply with their Anti-Money Laundering responsibilities during the pandemic.

• Read the guide

AML survey: the cost of due diligence

ICAEW is conducting a survey on the costs and benefits of Anti Money Laundering (AML) compliance and would like to hear from members.

• Take part in a short survey on the subject

The Codes of ethics

• Read ICAEW’s standard Code of Ethics
• Read ICAEW'S insolvency Code of Ethics

SAR helpsheet

ICAEW has created a helpsheet for members that explains when you should make a Suspicious Activity Report (SAR) if you suspect a client of money laundering.

• Read the helpsheet

CJRS and SEISS guidance

ICAEW’s Tax Faculty has produced guidance on the Coronavirus Job Retention Scheme (CJRS) and the Self-Employed Income Support Scheme (SEISS). These cover the eligibility criteria of each scheme, and what is against the rules.

• Read the CJRS guide
• Read the SEISS guidance

Other resources

• View a complete list of AML resources

You may also discuss your specific situation confidentially with the Ethics Advisory Service on +44 (0)1908 248 250 or via webchat.