Outsourcing and AML compliance

Accountants in the UK are increasingly outsourcing detailed bookkeeping, accountancy and payroll work – taking advantage of lower staff costs overseas. But what are the implications for the AML compliance requirements on the UK based firm?

AML Compliance and accountancy sub-contractors

A question we are often asked is, ‘Do sub-contract accountants and bookkeepers have to register themselves separately for AML purposes as accountancy service providers?’

David Winch MLRO support services ltd

BOOK AN INITIAL 15 MINUTE CALL-BACK WITH DAVID WINCH (FREE)