Anti-Money Laundering Policies and Procedures 2019 (ROI & NI)

Available: In stock

Anti-Money Laundering compliance with the EU Fourth Money Laundering Directive in ROI and NI – available to download now.

Price: -   


Product type:  
Practice toolkit
Practice toolkits ALL A-Z

Release date: 25 July 2019

Are your Anti Money Laundering Procedures up to date?  The EU Fourth Money Laundering Directive has resulted in significant changes to the Anti-Money Laundering (AML) regimes in the Republic of Ireland and the United Kingdom.  All accountancy firms are required to have up to date policies, controls and procedures in place to protect against Money Laundering and Terrorist Financing (MLTF).

This toolkit is suitable for firms operating in both ROI and UK, and provides template policies and procedures and a range of checklists to assist you with compliance with the new AML regimes.  It addresses the requirements and guidance in the following:

  • Criminal Justice Act (Money Laundering and Terrorist Financing) Act 2010 as amended by  the Criminal Justice (Money Laundering and Terrorist Financing (Amendment) Act 2018;
  • Technical Release TR 01/2019 - Anti-Money Laundering Guidance for Members of the Bodies affiliated to the Consultative Committee of Accountancy Bodies in Ireland (CCAB-I);
  • Proceeds of Crime Act 2002;
  • Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017;
  • Technical Release TR 02/2018 - Anti-Money Laundering Guidance for the Accountancy Sector (UK), issued by CCAB.

Key features:

The toolkit includes an AML Manual explaining the firm’s obligations and setting out policies and procedures, including those relating to the Firm-wide Risk Assessment, Customer Due Diligence (CDD), internal and external reporting, training and record keeping. 

It also includes a set of Pro Forma Procedures containing a range of useful tools including:

  • Pro Forma CDD procedures, with checklists for client identification, client risk assessment, client verification, ongoing monitoring and reliance on third parties;
  • CDD control sheet;
  • Internal reporting checklist and template, external reporting checklist, and report register;
  • Firm-wide Risk Assessment template;
  • Anti-Money Laundering Training Record and Annual Declaration of Awareness;
  • Template third party reliance agreements for ROI and NI.

The manual is in Word format, with all checklists on Excel. 

Downloading your toolkit

Once you have placed your order online, first print your invoice if you require one. Following this, go into your My Account area on the website and open My courses & downloads.  Your toolkit will be available to download there. You have up to 90 days from the date of purchase to download your toolkit.

For more information, contact us at Practice Consulting at Tel: +353 1 6377300