ICAEW anti-money laundering (AML) service
As the AML supervisor to nearly 13,000 firms, ICAEW has a unique, practical and technical insight into AML compliance needs. ICAEW has teamed up with SWAT UK to create a package of online systems and insightful online training seminars tailored to meet your requirements.
About the service
This online service provides you with on-demand access to AML training, guidance and ready-to-use templates to help your firm comply with the 2017 Money Laundering Regulations and remain up to date.
Choose the right system for your practice
There are 3 packages to choose from depending on whether you are a sole practitioner, employ staff or have overseas clients.
Keep this as it currently is
- Basic System: aimed at sole practitioners with 1 – 2 staff or subcontractors.
- Standard System: aimed at firms with staff dealing with a more varied UK client portfolio.
- Complete System: supporting firms of any size who have UK or overseas clients, or UK clients with overseas connections.
The ICAEW AML Service is provided by Mercia incorporating SWAT. By clicking on the link above you will be transferred to Mercia incorporating SWAT’s website where you will be able to purchase an AML system of your choice.
'The helpsheets, coupled with unlimited access to online training, supplemented our existing AML arrangements extremely well.'
Roy Welsby, Partner and MLRO
'We were delighted with the logical approach adopted by the ICAEW’s AML service, both in terms of standard documentation and supporting help sheets and guidance. We found it simple to introduce across the firm, easy to understand and, most importantly, easy to keep up to date.'
Nick Liley, Partner
'The AML system is easy to follow and simple to use. The monthly newsletter is an excellent way of maintaining AML awareness as well as keeping up to date. The training webinars are excellent to keep the whole firm up to date and cost effective. The help sheets are also very easy to use.'
Gavin Bell, Director
Bartfields (UK) Limited
'The ICAEW Complete AML System is easy to use and very clear. I like the flowchart approach to risk and the forms are clear and concise. With the endorsement of ICAEW and Mercia incorporating SWAT we can be confident there are no gaps in the system. Given the price, buying the system was a no brainer!'
Peter Edwards, Partner
ICAEW is a supervisory authority under Schedule 3 to the Money Laundering Regulations 2007 (MLR07). HM Treasury recognises the Practice Assurance scheme as a suitable means for supervising our members. Find information about being supervised by ICAEW.
Choose the right AML system based on your client profile
1. Basic System
2. Standard System
3. Complete System