Guides

AML guides for UK accountants and law firms

47 long-form guides covering the UK AML regime: the governing statutes, the MLR 2017 duties that follow, and what supervisors expect to see evidenced.

What the guides cover

Long-form coverage of the UK AML regime as it applies to accountancy and law firms: the four governing statutes, the MLR 2017 duties that follow from them, and the practical questions that arise when applying them to a real client base. Each guide works through the obligation, then the evidence a supervisor expects to see.

How they differ from the resource hubs

The guides are single, self-contained treatments of one subject, written to be read start to finish. The resource hubs are clustered explainers for looking something up mid-file. If you are learning a topic, start with a guide; if you are checking a specific point, the hubs are quicker.

Where to start

The anti-money-laundering guide is the entry point and links outward to everything else. From there, customer due diligence and record keeping cover the two areas that generate the most supervisory findings.

AML checks: what they cover and how long they take

What an AML check involves under MLR 2017, how long each stage realistically takes, why checks stall, and what records a UK firm has to keep afterwards.

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AML Compliance Committee: UK guide for multi-partner practices

Structuring the AML compliance committee in a multi-partner practice: membership, cadence, standing agenda, good-minute practice, and common committee failures.

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AML for Accountancy Mergers: UK guide

The AML workstream within M&A: pre-completion due diligence, post-completion stabilisation, remediation, supervisor notification.

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AML for Conveyancing Solicitors: UK guide

The SRA's primary AML thematic concern: source-of-funds quality, 5 high-risk client categories, the 6-step source-of-funds cycle, and recurring file failings.

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AML for Fintech: UK guide

Fintech AML covers FCA-supervised payment services, e-money, cryptoasset firms, and challenger banks. Learn about the three structural challenges and FCA.

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AML for Network Firms: UK guide

How accountancy and legal networks structure AML across independent member firms: methodology, member-firm autonomy, consistency monitoring, and common risks.

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AML for Probate Solicitors: UK guide

Probate AML: 4 CDD touchpoints (deceased / executors / beneficiaries / claimants), historical source of wealth, sanctions screening of deceased.

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AML for Trust and Family-Office Work: UK guide

Beneficial-ownership across settlor/trustees/beneficiaries/protectors, the 3 UK registers (TRS, PSC, ROE), multi-generational source of wealth, EDD as default.

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AML Insurance: UK guide for accountancy and law firms

Cover types (PI, regulatory investigation defence, D&O, cyber), what insurers underwrite against, claims scenarios, and where firms over- or under-insure.

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AML Record Keeping: what to keep and how long

A plain-English guide to AML record keeping for UK accountants. What records must be kept, for how long, in what format, and what happens if records are.

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AML Training: the UK guide for accountants and law firms

MLR 2017 Reg 24 in depth: who must be trained, what to cover, training format options, record-keeping, and why training gaps drive supervisory findings.

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AML Vendor Consolidation: UK guide for accountancy practices

Moving from a fragmented AML tool stack to a consolidated system of record: triggers, six-phase process, recurring risks, and target platform criteria.

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Anti-Money Laundering (AML): the complete UK guide

The UK AML regime end-to-end: POCA, MLR 2017, the Terrorism Act, SAMLA, and the Economic Crime Acts. Who must comply, the AML programme, supervisors.

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Authorised Corporate Service Provider (ACSP)

What an ACSP is, which firms can register with Companies House, how identity verification works, the 18 November 2026 transition date, and the seven-year record duty.

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Beneficial Ownership: the UK guide

Four UBO tests, the three UK registers (PSC, TRS, ROE), verification sources, and the five recurring inspection failings.

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Cross-Border AML Compliance: UK guide for accountancy practices

Cross-border AML for UK accountancy practices: Schedule 3ZA HRTCs, OFSI sanctions, ROE for overseas entities, post-Brexit EU divergence.

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DAML: Defence Against Money Laundering (POCA s.335)

The consent-SAR route under POCA s.335: when to file, the 7-day notice, the 31-day moratorium, what to include, and 5 common DAML mistakes.

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Enhanced Due Diligence (EDD): the UK practitioner guide

MLR 2017 Reg 33-35 in depth: the six EDD triggers, the five components, source-of-funds vs source-of-wealth, monitoring cadence, and common mistakes.

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Firm-wide AML Risk Assessment: the UK guide

MLR 2017 Reg 18 in depth: five risk dimensions, what the document must contain, review triggers, senior management sign-off, and common supervisory findings.

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Free AML Policy Template for UK Accountants

Download a free AML policy template for UK accountancy practices. Covers firm-wide risk assessment, CDD procedures, PEP screening, record keeping.

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Registering with HMRC for AML supervision

Who must register with HMRC for money laundering supervision, how the application works, what it costs, how long it takes, and what happens if you trade unsupervised.

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HMRC AML Inspection Checklist for Accountants

HMRC AML inspection checklist for UK accountants covering risk assessment, CDD files, policies, training records, monitoring, and audit-ready evidence.

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HMRC AML Inspection: the complete UK guide

What to expect from an HMRC AML inspection: the 4 stages, the 9 information request items, 5 common failings, and 5 outcome tracks.

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ID documents for AML checks

Which identity and address documents UK firms accept, whether an expired passport counts, how to tell if a passport is biometric, and how to scan one.

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IDVT checks explained

What Identity Document Validation Technology is, how an IDVT check works, what a certified IDSP is, and where IDVT does and does not satisfy UK AML obligations.

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KYC Remediation: the UK back-book guide

Bringing an existing client base up to current MLR 2017 Reg 28 standards: triggers, six-phase project structure, client communication, and common challenges.

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Legal Professional Privilege and AML: UK guide

LPP and POCA s.330 in practice: two heads of privilege, the s.330(6) statutory exclusion, the crime/fraud exception, decision framework, and common mistakes.

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MLR 2017 Regulation 19: policies and controls

The written-policies obligation in UK AML law: required coverage, senior-management sign-off, annual review cadence, and common inspection failings.

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MLR 2017 Regulation 28: the UK practitioner guide to CDD

The substantive CDD obligation in UK AML law: four measures, ongoing monitoring under Reg 28(11), and the five most common inspection failings.

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MLRO meaning: the Money Laundering Reporting Officer

What MLRO means, the statutory basis under POCA 2002 and MLR 2017, who can hold the role, how MLRO differs from MLCO and Nominated Officer, and common mistakes.

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Money Laundering Regulations 2017 (MLR 2017): UK guide

MLR 2017 explained: scope, the 12 key regulations every practitioner should know, supervisors, recent updates (2022 proliferation, 2023 PEPs), and penalties.

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Multi-Partner AML Governance: UK guide for multi-partner practices

Structuring AML responsibility across multiple partners, offices, and risk segments: MLCO, MLRO, office coordinators, compliance committee.

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OFSI: the UK guide for accountants and law firms

What OFSI does, the UK Consolidated List, your screening obligations, and the four-track penalty regime under SAMLA, explained for UK practices.

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Politically Exposed Person (PEP): the UK guide

Who is a PEP under UK law, foreign vs UK domestic treatment after FSMA 2023 and FCA PS24/4, family members, close associates, the 5 EDD steps.

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Proceeds of Crime Act 2002 (POCA): the complete UK guide

POCA explained: principal money laundering offences (ss.327-329), SAR reporting duty (s.330), tipping off (s.333A), the DAML route (s.335).

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Proliferation Financing: the UK guide

What proliferation financing is, why it's in MLR 2017 since 2022, how to assess your firm's exposure, and the controls that already do most of the work.

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Register of Overseas Entities (ROE): the UK guide

The ROE explained: who must register, the role of the ACSP, the 5-step process, annual renewal, and the consequences of non-registration.

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SRA Accounts Rules and AML: UK guide

How the SRA Accounts Rules 2019 interact with MLR 2017 + POCA: client money, source of funds, DAML moratoriums, dual-track enforcement.

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SRA AML Inspection: UK guide for law firms

The SRA's AML inspection methodology: routine rotation, thematic reviews, 10-item information request, 5 recurring focus areas.

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Suspicious Activity Report (SAR): the complete UK guide

When to file a SAR under POCA s.330, the SAR vs DAML distinction, how to draft a useful disclosure, what the NCA does with SARs, and the tipping-off rules.

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Tipping Off Offence (POCA s.333A): the UK guide

POCA s.333A in depth: elements, the four narrow defences, practical SAR-window scenarios, and operating rules to stay tipping-off-safe.

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Trust Registration Service (TRS): the complete UK guide

What the Trust Registration Service is, who must register, the 90-day deadline, exemptions, penalties, and how TRS interacts with MLR 2017 CDD.

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UK Customer Due Diligence (CDD): the complete guide

MLR 2017 Reg 28 explained: Standard CDD vs SDD vs EDD, triggers, verification sources, retention rules under Reg 40, and reliance on third parties.

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UK Sanctions Screening: the complete guide

OFSI, the UK Consolidated List, UN/EU/OFAC overlap, the screening process, what to do on a match, and the UK penalty regime under SAMLA.

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Ultimate Beneficial Owner (UBO): the UK identification guide

What a UBO is under MLR 2017, the four tests, how to trace through corporate and trust structures, and how PSC, TRS, and ROE registers feed UBO identification.

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What is Customer Due Diligence (CDD)? UK guide

A plain-English guide to Customer Due Diligence (CDD) for UK accountants. What CDD involves, the three levels, when each applies, and how to evidence it.

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What is KYC (Know Your Customer)? A Guide for UK Accountants

Plain-English guide to KYC (Know Your Customer) for UK accountants: what KYC involves, how it differs from CDD, and which documents to collect.

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