Displaying 1-10 of 614 results
Community boosts joint effort on fraud prevention
- Article
- 29 Apr 2024
Fraud Advisory Panel initiative facilitates cross-sector collaboration – helping organisations with risk mitigation and highlighting career opportunities in the counter fraud field.
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Regulatory update March 2024
- Article
- 25 Apr 2024
The following is a list of some regulatory publications or announcements from March 2024 affecting UK financial services.
The nominated officer
- Article
- 25 Apr 2024
The nominated officer is the person nominated by a firm to receive and consider suspicious activity reports. Whoever takes on this role has a legal obligation to report suspicion of money laundering to the NCA. Failure to report is a criminal offence under the Proceeds of Crime Act 2002 and Terrorism Act 2000.We provide comprehensive guidance for the new (and existing) nominated officer.
Combined role – Money Laundering Reporting Officer
- Article
- 25 Apr 2024
The Money Laundering Reporting Officer is a combined role. Whoever takes on this role has a legal obligation to report suspicion of money laundering to the NCA and takes responsibility for the firm’s compliance with the money laundering regulations. We provide comprehensive guidance for the new (and existing) MLROs. The guidance explains your responsibilities, and how to break the role down into manageable tasks.
The money laundering compliance officer
- Article
- 25 Apr 2024
The MLCO takes responsibility for the firm’s compliance with the money laundering regulations. This is a significant responsibility and ICAEW expects the MLCO to have a good understanding of the money laundering regulations. We provide comprehensive guidance for the new (and existing) MLCO. The guidance explains your responsibilities, how to break the role down into manageable tasks.
Charity banking obstacles reach crisis point
- Article
- 22 Apr 2024
Difficulty opening accounts, accounts being frozen or closed without warning, inadequate customer service, high charges and lengthy delays in implementing new mandates among list of complaints.
The auditor who fought Kenyan corruption
- Article
- 17 Apr 2024
This year’s ICAEW Achievement Award winner, Edward ‘Eddie’ Ouko, faced huge resistance in his role as Auditor-General of Kenya. Despite the threats, he stood his ground.
Public/private sector collaboration key to fighting corruption
- Article
- 12 Apr 2024
Closer working ties between businesses and enforcement agencies will boost the battle against corruption, expert speakers at a recent IFAC event agree.
How business should approach fraud risk
- Article
- 02 Apr 2024
Fraud volumes and values are rising annually. But new rules and governance regulations hope to help prevent business fraud before it happens and detect it when it does.
EU picks Frankfurt as Anti-Money Laundering Authority home
- Article
- 13 Mar 2024
New enforcement body takes step closer to reality as decision-makers select location of headquarters, with mid-2025 launch on the horizon.
Displaying 1-10 of 614 results