Global action needs to be taken to counter bribery and corruption in the UK and on the global stage, say the major professional accountancy bodies in the UK and Ireland, with IFAC’s President Olivia F Kirtley adding strong support to their statement.

CCAB, the forum for accountancy bodies in the UK and Ireland, is calling on businesses to engage with the debate on EU reform, and ensure they are aware of the information and resources to inform their understanding of the role of the European Union, and how its relationship with business could become more effective.

CCAB, the forum for accountancy bodies in the UK and Ireland, has today published a new report, which captures the opinions of senior business leaders in the UK and Ireland on the effectiveness of the European Union, highlighting five key areas for potential reform.

Experts from across Europe gathered in Brussels to discuss the role of accountants and finance professionals in implementing anti-money laundering requirements and fighting terrorist financing. Organised by CCAB, the debate focused on the importance of greater professional scepticism and transparency.