The government has launched the new Office for Professional Body Anti-Money Laundering Supervision (OPBAS), based within the FCA, which will oversee the 22 accountancy and legal professional body AML supervisors in the UK.
The government has launched the new Office for Professional Body Anti-Money Laundering Supervision (OPBAS), based within the FCA, which will oversee the 22 accountancy and legal professional body AML supervisors in the UK. OPBAS will not directly monitor the businesses that the professional bodies supervise.
The Oversight of Professional Body Anti-Money Laundering and Counter Terrorist Financing Supervision Regulations, SI 2017/1301, which underpin OPBAS, came into force on 18 January.
The government has launched the new Office for Professional Body Anti-Money Laundering Supervision (OPBAS), based within the FCA, which will oversee the 22 accountancy and legal professional body AML supervisors in the UK.
The government has launched the new Office for Professional Body Anti-Money Laundering Supervision (OPBAS), based within the FCA, which will oversee the 22 accountancy and legal professional body AML supervisors in the UK. OPBAS will not directly monitor the businesses that the professional bodies supervise.
The Oversight of Professional Body Anti-Money Laundering and Counter Terrorist Financing Supervision Regulations, SI 2017/1301, which underpin OPBAS, came into force on 18 January.
