You are not alone. AML regulations can feel complex, particularly as expectations continue to evolve and regulatory scrutiny increases. However, as an IAB supervised member, it is essential that you have a clear understanding of your responsibilities under the Money Laundering Regulations.

To support you, the IAB provides a structured pathway to build your knowledge and confidence. This includes a suite of 8 dedicated CPD courses covering the key areas of the Money Laundering Regulations, designed to give you both the technical understanding and practical application required within your practice.

In addition, members should refer to the CCAB Anti Money Laundering Guidance for the Accountancy Sector, which sets out the expectations for firms and provides detailed, practical guidance on how to apply the regulations in real scenarios.

AML Complete should then be used alongside this knowledge to implement and evidence your compliance. The system provides the framework, but it is your understanding of the regulations that ensures it is applied correctly.

Taking the time to engage with the CPD courses and the CCAB guidance will give you the clarity and confidence needed to manage your AML responsibilities effectively and to demonstrate that your practice is operating to the required professional and regulatory standard.

For CPD available courses, please click here.

CPD courses can be purchased.