Money Laundering Reporting Officer's Handbook
The Proceeds of Crime Act 2002 makes it necessary for all accountancy firms to employ a money laundering reporting officer (MLRO). LexisNexis Butterworths now provides the most authoritative text available on this increasingly important subject. Money Laundering Reporting Officer's Handbook provides a step-by-step guide for the MLRO and their responsibilities under the Proceeds of Crime Act 2002.
Money Laundering Reporting Officer's Handbook covers:
- Appointing an MLRO
- Detection, reporting and preventing money laundering
- The need for accountancy firms to set up internal systems to avoid this activity
- A break-down of the Proceeds of Crime Act 2002 and its implications and compliance
- Staff training, client identification and record keeping
- Appendices of all the relevant legislation and relevant reporting forms
Money Laundering Reporting Officer's Handbook is an informative title providing a clear, comprehensive, step-by-step guide for all MLROs which will be a crucial text for accountants and practitioners alike.