Time to blow the whistle

Jane Mellor explains the background on anti-money laundering whistleblowing and how members can report their concerns

Anumber of areas of work are subject to anti-money laundering (AML) supervision in the UK. Of particular interest to our sector are the requirements placed upon those who in the course of business in the UK act as:

  • an auditor;
  • an external accountant;
  • an insolvency practitioner;
  • a tax adviser; or
  • a trust or company service provider.

Further guidance on the definitions for each area is included in the Regulations or AML Guidance for the Accountancy Sector.