Anti-money laundering

The impact of money laundering is devastating – it’s a crime that funds other serious crimes such as modern slavery, drugs trafficking, fraud, corruption and terrorism. As a membership organisation and the largest accountancy professional body supervisor in the UK, an important part of our role is to provide guidance and resources to our members to help them comply with their legal and professional responsibilities. This AML hub brings together this latest information.

What is money laundering?

A series of six short guides for accountants to enhance their understanding of money laundering.

Responsibilities and obligations of an ICAEW member firm

Guidance on how ICAEW firms can meet the obligations and responsibilities set out in the money laundering regulations.

AML risk and the risk based approach

The cornerstone of AML compliance – find out how your firm can effectively design and implement a risk-based approach. Access our latest guidance on current AML risks.

Customer due diligence (CDD)

Find out about the purpose of CDD and how should it be carried out.

Suspicious activity reporting

Guidance on when to report and how to ensure the information reported is good quality.

AMLbites

Refresh your AML knowledge with our series of bitesize videos.

AML – the essentials

Access previous editions of the ICAEW regulatory and conduct AML newsletter.

Apply for AML supervision

Find out to apply for AML supervision by ICAEW.

Our role as an AML supervisor

Find out how we are disrupting money laundering and how you can report an AML concern.

Background and representations

Read the representations ICAEW made to government and other bodies on behalf of our members in regards to anti-money laundering.