The Money Laundering Regulations 2017 place legal obligations upon certain businesses operating in the UK, which includes those offering services as an external accountant. Sector guidance can be found here. The IAB offers supervision to its Firm in Practice to ensure compliance. If you believe that these regulations are being breached by an IAB member, please complete the below e-form to raise your concern. Should you prefer to complete a hard copy form and submit by post, please download the form using the below link and follow the instructions within.
Your concern will be reviewed by the IAB compliance team, who will determine the suitable course of action.
The more detail you can give us, the easier it will be for us to consider what our response should be. These should be submitted at the time of raising the concern.
If you are considering raising a concern regarding your employer , the Public Interest Disclosure Act 1998 (PIDA) provides protection for someone if they are harmed or dismissed as a result of ‘blowing the whistle’ (known as making a disclosure) about a firm or individual. The IAB is NOT a prescribed body for this purpose.
Should you require further guidance regarding whistleblowing, please visit the government website by clicking here.
If you believe that an external accountant is operating without AML supervision you should contact HMRC on firstname.lastname@example.org.