Accountants are key gatekeepers for the financial system, facilitating vital transactions that underpin the UK economy. As such, we have a significant role to play in ensuring our services are not used to further a criminal purpose. As professionals, accountants must act with integrity and uphold the law, and must not engage in criminal activity.
This guidance is based on the law and regulations as of 13 July 2021.
It replaces the draft guidance published September 2020.
Please note that while most requirements remain, some requirements of the regulations relating to EU lists no longer apply since the UK has left the EU.
This guidance covers the prevention of money laundering and the countering of terrorist financing. It is intended to be read by anyone who provides audit, accountancy, tax advisory, insolvency, or trust and company services in the UK and has been approved and adopted by the UK accountancy anti-money laundering supervisory bodies.