Annual Compliance Reviews – Anti-Money Laundering
Failure to comply with the Money Laundering Regulations is probably the biggest regularity threat that practicing accountants face.
Metis’ Managing Director has a vast wealth of experience in the field of Anti-Money Laundering, having written anti-money laundering manuals, and having also worked for an IFAC Accountancy Regulator Body undertaking Anti-Money Laundering Compliance Reviews.
It is mandatory to undertake an annual anti-money laundering compliance review, failure to do so is a criminal offence. Whether your regulator requires that this is undertaken by an external organisation or whether you feel it would just be more beneficial to have it undertaken externally, Metis can undertake this review for you.
Also, unless you are a sole practitioner with no staff or subcontractors then there is also a requirement for this annual compliance review to be ‘audited’ again Metis can help you with this.