From 1 October 2018, Phase 2 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 requires accountants to assess the risk we face from clients who may want to use our business to launder money or finance terrorism. To help us make that assessment, the law requires us to carry out Customer Due … Continue reading Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT)