The new website for the Registry of Beneficial Ownership has now launched.
The RBO is the central repository of statutory information required to be held by relevant entities in respect of the natural persons who are their beneficial owners/controllers, including details of the beneficial interests held by them.
The new AIA Regulatory Oversight Committee is charged with ensuring that the AIA maintains its compliance with the Money Laundering Regulations 2017 and adding a level of oversight and scrutiny in line with best practice. The Committee will report directly to Council, taking responsibility for the appropriateness of the framework for AIA’s internal regulation of Members in Practice.
Updated Member Guidance
Updated guidance is made available for AIA members supervised for AML to ensure their compliance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR2017).
The Compliance Checklist should be read in conjunction with the MLR2017, additional guidance issued by AIA and other regulatory authorities.
Congratulations once again go to AIA Council Member, Gloria Murray of Murray Associates for being shortlisted in the Top 5 Pioneers in the Accounting Excellence Awards 2019.
The awards, now in their ninth year are presented by AccountingWeb with the aim of recognising brilliance and innovation across the British accounting profession.
AIA pleased to extend partnership agreements with PTP Limited, Six Forward and HMCA. The continued collaborations reaffirm AIA’s commitment to providing AIA members with trusted high quality partner services at discounted rates. The services on offer aim to promote growth, increase efficiency and decrease costs for accountants around the world.
Speaking at a New City Agenda event held in the Houses of Parliament on 16 May 2019, Sir John Kingman, the author of the independent review of the Financial Reporting Council (FRC) set out the broad range of 83 recommendations contained within the report and his expectation of future reform to implement the review.