AML the essentials, issue 18 contains updated CCAB guidance and explanatory notes, a reminder on furlough fraud, and clarification on reporting discrepancies on the People of Significant Control register.
Anti-money laundering - the essentials
Anti-money laundering - the essentials is a newsletter produced by ICAEW's professional standards team to help you keep up-to-date on the key changes in the money laundering regime and help inform your risk assessment, policies and procedures. We email ICAEW money laundering reporting officers when a new issue of Anti-money laundering – the essentials is available. Anti-money laundering – the essentials' is also available to all ICAEW members – please select the anti-money laundering topic from your list of preferences and we will notify you by email when a new issue is available.
AML the essentials, issue 17 contains our summary of the National Crime Agency’s assessment of serious organised crime and the key factors accountants should be aware of. The issue also contains advice on what to do if you suspect your client of COVID-19 fraud and our 2020 AML monitoring report, particularly useful if you have an upcoming monitoring review.
Issue 16 of our Anti-Money Laundering update includes a Guide to client due diligence during the Coronavirus outbreak, a new Source of wealth factsheet and a reminder of the recent changes to the Money Laundering and Terrorist Financing Regulations.
Issue 15 of our Anti-Money Laundering update includes an update on the Fifth Money Laundering directive and two new pieces of supplementary anti-money laundering guidance from CCAB.
Issue 14 of our Anti-Money Laundering update includes a new electronic due diligence helpsheet and reports and resources from the Government, HM Treasury and the Law Commission.
This issue of our Anti-Money Laundering update includes new crypto-asset guidance, new helpsheets and highlights the Government’s consultation on corporate transparency and register reform.
This issue of AML – the essentials covers new Suspicious Activity Reporting resources, the legal status of cannabis and the Government’s new economic crime task force.
The eleventh issue of 'Anti-money laundering - the essentials' covers OPBAS, whistleblowing and anti-money laundering news such as the launch of the National Economic Crime Centre.
The tenth issue of 'Anti-money laundering - the essentials' covers: HMRC’s TCSP register, criminal record checks, the Fifth Anti-money laundering directive and contains useful resources from the FCA and NCA.
The ninth issue of 'Anti-money laundering - the essentials' covers: new HM Treasury guidance, firm-wide risk assessment and a new AML compliance review checklist.