Anti-Money Laundering (AML)

Latest episode

Lee Eagling is joined by Andy Holton to discuss the recent response by HM Treasury to the consultation on anti-money laundering (AML) and counter-terrorism financing (CTF) supervision. They explore the government's decision to appoint the FCA as the single professional services supervisor, the implications for firms currently regulated by professional bodies, and what practitioners should expect as the transition unfolds. With practical insights and advice, this episode is essential listening for firms preparing for a tougher compliance landscape.

Latest insights

October 2025

Professional bodies disappointed as FCA is handed AML supervision

The roles of accountancy professional bodies, legal regulators and HMRC in anti-money laundering supervision are to be diminished as the government recently announced a major reform of the Anti-Money Laundering and Counter Terrorism Financing Supervision Regime.

October 2024

ICAEW publishes AML Supervision Report 2023/2024

The ICAEW has published its Anti-Money Laundering Supervision Report 2023/2024: Protecting Against Professional Enabling which provides an account of its AML supervisory activities over the 11,000 firms it supervises. ICAEW is the largest of the accountancy professional body supervisors for AML in the UK.

March 2024

Money Laundering Regulations consultation

HM Treasury has published a new consultation on improving the effectiveness of the Money Laundering Regulations.The consultation, which runs until 9 June principally covers issues already identified by HM Treasury, but also includes issues put forward by key stakeholders.