UK: ICAEW AND IFAC RELEASE FOURTH INSTALMENT OF 6-PART AML EDUCATIONAL SERIES: ASSET TRANSFERS

On 26 January, the Institute for Chartered Accountants in England & Wales announced that the latest instalment examines asset transfers, and how criminals use it as a primary way to launder money.  The ICAEW and the International Federation of Accountants (IFAC) have been releasing their Anti-Money Laundering: The Basics educational series.  This is a 6-month short series helping accountants enhance their understanding of how money laundering works, the risks they face, and what they can do to mitigate these risks and make a positive contribution to the public interest. Instalment 4 examines asset transfers, one of the primary ways in which criminals layer or integrate the proceeds of crime into the legitimate economy.

https://www.icaew.com/about-icaew/news/press-release-archive/2021-news-releases/icaew-and-ifac-release-fourth-installment-of-six-part-anti-money-laundering-educational-series

The series can be accessed at –

https://www.ifac.org/knowledge-gateway/preparing-future-ready-professionals/discussion/anti-money-laundering-basics

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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