The Insurance sector’s ongoing fight against fraud and financial crime
Accountants and Financial Services Providers
Accountants, Tax Advisers, Auditors and Insolvency Practitioners
We work with Accountants, Tax Advisers, Auditors and Insolvency Practitioners to implement effective compliance structures to meet the requirements of their regulators, including the Financial Conduct Authority (FCA) regulations.
We help achieve a compliant structure through an effective AML risk and regulation programme that protects them, their business and their staff.
As with all regulated sectors, and those which must have anti-money laundering authorisation, there are regulatory and legalisation requirements to adhere to, ensuring that the business is protected at all times and does not receive unnecessary or unwanted regulatory attention.
We will work with your business to provide proportionate and effective strategies to manage your obligations.
Our services for Accountants, Tax Advisers, Auditors and Insolvency Practitioners include:
- Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) compliance
- GDPR and Data Protection compliance
- Bribery Act 2010 compliance
- Treating Customers Fairly compliance
- Employment Regulations compliance
- Complaint investigations, management and handling
- Regulatory investigations
‘Big Four’ member consultancy firm Ernst & Young (EY) has repaid banking group Santander £15m after it failed to help the Spanish lender improve its anti-money laundering (AML) controls, reports suggest.