Tag Archives: FATF

By 2022 an estimated 60% of world GDP will be digitalised

According to the Financial Action Task Force (FATF), digital payments are growing at an estimated 12.7% annually and are forecast to reach 726 billion transactions annually by 2020. Within the next two years, an estimated 60% of world GDP will be digitalised. As we mentioned in last week’s blog, the FATF recently issued a guidance… Read More


New Procedures Manual to help with AML

We have just published an update to the AML Policies Controls & Procedures Manual last week, which is available to purchase now on our website. Our latest February 2020 edition includes the following updated items: Pronouncement by the FATF arising from their Public Consultation on FATF Draft Guidance on Digital Identity (discussed at the FATF plenary meeting… Read More


First National AML Risk Assessment of Ireland

Anti-Money Laundering National Risk Assessment

‘The specialist nature of the knowledge and services provided by the accountancy service providers makes them vulnerable to being sought out and exploited by those who seek to launder the proceeds of crime or evade tax. It is recognised in international risk-based guidance that accountancy service providers may be sought to assist in the structure… Read More