Anti Money Laundering Training for Accountancy Firm

AML Training for Accounting Firms by Eminent

Accounting firms, by the nature of their services, are exposed to a high risk of being exploited for money laundering and financial crime. From managing client funds to preparing financial reports and offering tax advice, accountants handle sensitive financial data that can be targeted by criminals seeking to legitimise illicit funds. To address this, UK regulations mandate that accountancy service providers (ASPs) must have robust Anti-Money Laundering (AML) systems in place—including staff training.

At Eminent, we offer specialist AML Training tailored specifically for accounting firms. Our training helps accountants, bookkeepers, and compliance teams understand their legal obligations under the Money Laundering Regulations 2017, the Proceeds of Crime Act 2002, and HMRC or relevant supervisory body guidelines (including ICAEW or ACCA).

Key Areas Covered in Eminent’s AML Training for Accountants

1. Understanding Money Laundering & Regulatory Obligations

   • A practical overview of money laundering, its impact, and the legal framework accountants operate within.

2. Customer Due Diligence (CDD) & Risk-Based Approach

   • Guidance on how to assess client risk, conduct identity checks, and apply enhanced due diligence where necessary.

3. Recognising Suspicious Activity

   • Real-life examples of red flags in financial behaviour or documentation, and how to handle them appropriately.

4. Suspicious Activity Reports (SARs) & Internal Reporting

   • Step-by-step training on reporting suspicious activity to the firm’s MLRO and submitting SARs to the National Crime Agency (NCA).

5. Record Keeping & Compliance Documentation

   • Best practices for maintaining client verification records and documenting risk assessments in case of audits.

6. Firm-Wide AML Policy & Procedures

   • How to implement, review, and update internal AML policies tailored to the services your firm provides.

Why Choose Eminent for AML Training?

At Eminent, we understand the accounting profession and the compliance pressures it faces. Our AML training is:

• Tailored to accounting firms of all sizes—from sole practitioners to multi-office firms

• Delivered in-person or online, with interactive scenarios and assessments

• Designed to help you meet the expectations of HMRC, ICAEW, ACCA, and other relevant bodies

• Accompanied by certification of completion, audit-ready documentation, and optional AML policy templates

We also offer ongoing compliance support to ensure your firm remains compliant as regulations evolve.

Stay compliant. Stay protected.