AIA welcomed a delegation from Shanghai Lixin University of Accounting and Finance (SLUAF) and Metro Education this week to celebrate our 20-year partnership. By working together with common values and innovative qualifications the partnership has produced thousands of graduates through the AIA & Lixin International Programme and it is upon this already successful basis that the delegation travelled to the UK to discuss expanding the provision of globally recognised, high quality qualifications and skills training for finance professionals.
The Duke of Sussex in his role as Commonwealth Youth Ambassador presented the newly launched innovators in international development awards at a garden party attended by AIA to celebrate the Commonwealth’s 70th anniversary.
As a Commonwealth Accredited Organisation AIA recognise the importance of the newly launched innovators in international development awards which build upon the Commonwealth’s existing principles of promoting democracy and good governance, human rights and the rule of law, gender equality and sustainable economic and social development.
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.
AIA has also provided guidance for use when explaining the importance of client due diligence with clients on establishing a business relationship.
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.