AML – the size and nature test

Regulation 21 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 requires that a firm which is regulated, implements internal controls where appropriate to the size and nature of the firm. These controls are: 1. Appoint a person to be…

Read More

What’s your goal?

At the start of 2018 most us will have sat down and set personal new year resolutions.     There are two questions I would ask: How many of those resolutions are you maintaining? Out of those resolutions, were any of them business focused? Whether you are the decision…

Read More

The ‘Compliance’ word

The mere mention of the “C” word tends to fill people with dread and many firms, Partners or owners continue to bury their heads in the sand. Many firms have changed the structure of their business support showing that there is a significant shift from the misconception of “fee…

Read More