MLRO Support Service

Access to firm-wide anti money laundering training online (available to access on-demand), enabling you to train all your staff quickly and easily. The service includes access to the following courses:

• AML Update and Refresher (including Criminal Finance and Bribery Acts)
• AML, Bribery Act and CFA Senior Management Responsibilities

The AML Update and Refresher (including Criminal Finance and Bribery Acts) course is a refresher and assumes previous knowledge of the AML regime. It is not suitable as an induction course for new staff. If you require an induction course you should buy the Regulatory Training Series.

Access to our anti money laundering procedures manual, providing you with extensive guidance and a range of ready-to-use templates to help you implement internal procedures in your firm with ease.

Access to our Technical Query Helpline, for those times when you need some expert advice. Your subscription includes 2 hours of anti-money laundering technical queries.

A monthly anti money laundering newswire, that provides regular updates and answers to real-life AML queries and issues that practitioners face on a daily.

January 2024
This update to the Money Laundering Compliance Manual principally incorporates:

• Changes to reflect the latest version of the CCAB Anti-Money Laundering Guidance for the Accountancy Sector (AMLGAS) issued in June 2023;
• Updates to reflect changes to the discrepancy reporting regime and the economic crime levy now being in force;
• Changes in the sanctions regime; and
• Other minor updates to AML guidance and regulation.

September 2022
The principal technical changes in this update relate to:

• The issue of the updated Anti-Money Laundering and counterterrorist financing Guidance for the Accounting Sector (AMLGAS) issued by the CCAB (Consultative Committee of Accountancy Bodies) in May 2022.
• Changes to the Money Laundering Regulations in respect of:
  • A requirement to check and report discrepancies on the PSC register for existing clients.
  • Implementation of the requirement to similarly check the trust register maintained by HMRC.
  • A new requirement to check the register of overseas entities that applies to overseas entities with an interest in UK property.
  • Updates to the list of high risk third countries.
  • The inclusion of proliferation financing as part of the AML regime including a new requirement for firms to consider the risk that clients may be involved in proliferation financing.
• New guidance on the risks arising from a breach of sanctions and, in particular, the risks arising from the provision of accounting services to those connected with Russia.
• Issue of an updated Risk Outlook by the Accountancy AML Supervisors Group (AASG) in April 2022.

Pricing

All prices are subject to VAT. Prices are subject to change on 1 July. 

Mercia online manuals are updated regularly by our technical staff and you will be notified of any significant regulatory changes by email.  

Your subscription will automatically auto-renew on anniversary date, you will be notified by email before your subscription expires and offered the option to opt out of auto-renewal. 

System Requirements

• Internet access.
• Operating System: Windows, Mac IOS.
• Applications: Full version of Microsoft Office or Mac equivalent, PDF Reader.