anti money laundering

Can I accept a printout of a client's online bank account / gas bill / electricity bill to evidence the client's address? Or do I have to see a "real" paper bill?

3

Well, we've had our money laundering audit and the dreaded letter arrived a couple of weeks ago .

A man on HMRC’s “most wanted list” who spent a decade on the run after absconding before he could be tried for money laundering has been jailed for 19 months.

Client has had a cheque written by them intercepted and cashed into another account.

I have a name on the cheque but it is unlikely to be real and essentially of no value.

16

Client receives and order for product for £8,000 from the Middle East but customer deposits £61,000. The email for the order advises an error has been made and please to return the balance.

7

Any ideas for how to ID the beneficial owner of a UK business where the ultimate majority shareholder is a US Venture capital fund? 

Accountancy service providers can now follow eight simple steps to ensure they are on the right track to being compliant with the money laundering regulation

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