Anti-money laundering guidance

The ACCA Anti-Money Laundering resource for practitioners has been updated as of March 2020 and includes detailed guidance developed by CCAB and a free on demand lecture and standard documentation.

The Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2018 became law on 26 November 2018.  The changes brought by the new legislation do not alter the fundamentals of what money laundering is nor the obligations to report money laundering. However, the new legislation has a more robust approach to risk and reporting and there are other changes.  The new guidance reflects the requirements’ of the new legislation.