Anti-Money Laundering

ACCA (the Association of Chartered Certified Accountants) has warned the UK government of significant weaknesses in its incoming model of switching professionals’ anti-money laundering (AML) regime to the UK’s financial services regulator. The accounting body says it is fully committed t

The UK government has confirmed it will proceed with a major reform of the UK's anti-money laundering (AML) and counter-terrorism financing (CTF) regime. Supervisory functions currently handled by 22 professional organisations, including the Institute of Chartered Accountants of Scotland (ICAS), wil