2025 Compliance: Anti Money Laundering

This module will enable you to

• Describe the stages of money laundering
• Recognise the red flags to look into
• Identify the processes your practice needs to abide by to comply with UK law
• Store appropriate and accurate records to confirm your customers are who they claim to be
• Manage customer data securely and ethically

About the module

Working in the accounting profession, you are part of a sector that includes a wide range of other financial and professional services -- estate agents, gambling and casino businesses, crypto-asset firms and high value goods dealers -- all of which are required to conform to the UK's anti-money laundering regulations.

Being a good accountant means going beyond just complying with standards, there is also the matter of the law! It's crucial for you to stay up to date with a range of legal aspects. This is especially true for the UK's AML regulations, which are designed to prevent the misuse of services required by criminals and terrorist organisations to launder their proceeds of crime.

The course is an overview of regulatory compliance, it is not advisory.