Updated APB's Interim Guidance on Money Laundering
The Auditing Practices Board (APB) has issued an update to Practice Note 12 (Revised), 'Money Laundering - Interim Guidance for Auditors in the United Kingdom' which replaces the version issued in January 2007.
The guidance in Practice Note 12 (Revised) has been updated to reflect the implementation of the Money Laundering Regulations 2007 and a recent update to the Proceeds of Crime Act 2002, both of which have come into force since the last version of the guidance was issued. The guidance will be published in its final form once it has obtained Treasury's approval.
A copy of the re-issued interim guidance may be downloaded from the Publications - Practice Notes 
section of the APB website.
To obtain the latest money laundering updates and guidance please consult the Ethics and Money Laundering section of ACCA UK's Technical Advisory website