UK: UNDERSTANDING AML RISKS AND TAKING ACTION FOR ACCOUNTANCY SERVICE PROVIDERS

On 17 February, HMRC issued guidance to help recognise and reduce the risk of money laundering if you are an accountancy service provider.  It deals with risk assessment information provided to accountancy service providers under the Money Laundering Regulations to assist relevant persons in carrying out their own money laundering and terrorist financing risk assessment.

https://www.gov.uk/government/publications/understanding-risks-and-taking-action-for-accountancy-service-providers/understanding-risks-and-taking-action-for-accountancy-service-providers

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, 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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