Accountant’s “professional scepticism” is the first line of defence in tackling money laundering and terrorist financing, says guidance issued today by the Anti-Money Laundering Taskforce of CCAB, the collective forum of accountancy bodies ICAEW, ACCA, ICAS, CIPFA and Chartered Accountants Ireland.

Easily accessible advice and information on choosing the right accountant/tax adviser is now available on the CCAB website.

A new directive agreed in the European Parliament recognises the need to strengthen regulation in the face of changing technology.