What's New
- 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.
- New Anti Money Laundering Regulations come into force
- An overview of the supervisory regime as it applies to ACCA members under the New Money Laundering Regulations (NMLR) which came into force on 15 December 2007.
- Money Laundering Registration Deadlines
- HMRC's website contains a page dedicated to the latest news on the money laundering regulations.
- JMLSG Guidance
- HM Treasury has approved the updated JMLSG Guidance.
- HMRC issues updated Registration Notice MLR9 and announces registration dates
- The anticipated announcement of the publication by HMRC of the updated Registration Notice MLR9 and the registration dates was made on 31 July 2008.
- HMRC Money Laundering Guide MLR8
- New money laundering guidance from HMRC.
- HMRC Guide to Money Laundering Regulations 2007
- HMRC has published extensive guidance to the Money Laundering Regulations 2007. This includes guidance on HMRC's registration procedures.
- Flowchart
- ACCA has prepared a flowchart to assist members in determining how they should be supervised under the new Money Laundering Regulations 2007. Check if authorisation is required under the new money laundering regulations with this flowchart.
- Revised Ethical Standards for auditors
- A summary of revisions to the APB 2008 Ethical Standards.
- Anti-money guidance for the accountancy sector
- CCAB (the Consultative Committee of Accountancy Bodies) has issued a final version of its guidance on anti-money laundering procedures following approval from HM Treasury.
- Draft Supplementary Anti-Money Laundering Guidance for the Tax Practitioner
- Technical Factsheet 140 provides anti-money laundering guidance for tax practitioners.
- Letters of Engagement
- Letters of engagement should be updated to reflect the new Anti-Money Laundering Regulations. ACCA has provided amendments to the clause in the ACCA standard letters of engagement.
- CPD courses Autumn 2008
- CPD courses covering every channel from ACCA UK Professional Courses.
- Anti money laundering guidance
- CCAB’s anti money laundering guidance is now available (see Technical Factsheet 136). Firms need to review the guidance and update their internal procedures.