Whistleblowing

Guidance on reporting a member who is breaching Money Laundering Regulations, and/or who may be involved in money laundering or terrorist financing.

Who do I tell if I know or suspect an ACCA firm, member, affiliate or student to be in breach of Money Laundering Regulations or who I know or suspect is involved in money laundering or terrorist financing?

Introduction

At ACCA we are committed to supporting anyone who wishes to make a confidential report about an ACCA firm, member, affiliate or student, where it is known or suspected that they:

a)  should be regulated under the Money Laundering Regulations (MLR), but are not; or

b)  appear to be ignoring the MLRs; or

c)  appear to be engaged (whether inadvertently or knowingly) in money laundering or terrorist financing.

If you want to make a report, first identify the appropriate anti-money laundering supervisor. If the supervisor is not ACCA you can find out by:

a)  checking the different supervisory bodies, a list of which can be found on the gov.uk website

b)  contacting the HMRC MLR Registration Team on their confidential enquiry line +44 (0)1702 366 312. Sometimes accountancy service providers are regulated by HMRC.

If you wish to report someone whose supervisor for anti-money laundering (AML) is ACCA, you can report the matter confidentially to ACCA.

Details of how to report can be found in our guidance section.

Before you make a complaint

Before making a complaint you should read our full policy on whistleblowing, and our FAQs on whistleblowing

Further questions…?

For more information about the MLRS; the role of ACCA as a Professional Body Supervisor for AML; the requirements on our supervised firms/members; and other anti-money laundering information, use the following resources:

External resources