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.