Research project – the costs and benefits of client due diligence for Anti-Money Laundering

The CCAB commissioned a third-party agency Populus (now Yonder) to conduct research into the views of CCAB body members on the client due diligence checks they are required to perform as part of their Anti-Money Laundering responsibilities.

Between May 2020 and September 2020 Populus conducted an online survey available to members of the accountancy bodies ACCA, ICAEW, CIPFA, ICAS, and Charted Accountants Ireland (CAI). The survey focused on the “Know Your Client” checks and expanded on an initial stage of telephone qualitative interviews.

The survey is referenced in ACCA’s Know Your Customer: Is it time to digitalise the first line of defence? published on 14 May 2021.