Navigating AML: From Newcomers To Experts - May 2024 Edition

Join David Winch, our resident AML expert to accountants and bookkeepers and Sophie Maxwell, Firmcheck's Community and Events Manager and get all your AML questions answered live 🎙️
This is a recording from the May 2024 edition of Navigating AML: From Newcomers To Experts, an AML questions & answers session designed to give you a safe space to ask all your AML questions from the simple to the complex 🧠, without feeling like you're exposing yourself or putting yourself at risk from a knock on the door from your supervisor.
A few of the topics from this session include:
- Verifying IDs and dealing with companies that have multiple layers and associated parties
- What happens when you acquire another accountancy firm, and what should you do with their current AML compliance documentation
- Can you stop clients from doing cash jobs? And what are the implications of this on AML compliance