AML and Compliance

A desk with financial documents featuring graphs and charts, alongside a calculator and a pen, with text overlay reading "AML shake-up puts accountants at risk".

AML Shake-up Puts Accountants at Risk

The UK government’s plans to reform the country’s anti-money laundering (AML) regime will expose accountants and other businesses to a greater risk of financial crimes, professional body the Association of Accounting Technicians (AAT) has warned.

An Introduction to AML Compliance Money Laundering Blog

An Introduction to AML Compliance

Money laundering is a financial crime. It involves taking proceeds that have been obtained from a criminal source (also known as ‘dirty money’) and disguising its origins so that it appears to have been acquired legitimately.

EU Flag in official aml and compliance design deck

EU Paves the Way for Crypto Regulation in UK

The EU has this week (31 May 2023) signed into law its landmark Markets in Crypto Assets (MiCA) Regulations which will govern the issuance and provision of services relating to crypto assets and stablecoins, according to a report by cryptocurrency specialist media outlet CoinDesk.

AML (Anti Money Laundering) and Compliance

What is a Politically Exposed Person (PEP)?

A PEP (Politically Exposed Person) is someone who has been appointed by a community institution to a high-profile position. Under anti-money laundering regulations, many companies aim to apply additional scrutiny to PEPS to mitigate the risk of their proceeds being used in any bribery and corruption.