| Together with ICAEW, The International Federation of Accountants (IFAC) today released the latest installment in its Anti-Money Laundering: The Basics educational series: Installment Nine: Tools to Fight Back.
The publication is part of a series helping accountants enhance their understanding of how money laundering works, the risks they face, and what they can do to mitigate these risks and make a positive contribution to the public interest. Installment nine examines the tools professional accountants have at their disposal to address money laundering once it’s suspected.
Anti-Money Laundering: The Basics is user-friendly, easily accessible, and will be a resource for small and medium practices (SMPs) and accountants less familiar with AML, while also providing guidance for those looking for a quick refresher or reference.
Anti-Money Laundering: The Basics is featured on both the IFAC (link) and ICAEW websites and available for download for free. To be globally relevant, the series uses the risk-based approach of the Financial Action Task Force (FATF) – the global money laundering and terrorist financing watchdog — as a starting point.
For more information about IFAC, visit www.ifac.org.
For more information about ICAEW, visit https://www.icaew.com/.