Six-Part Anti-Money Laundering Educational Series - Focus on Asset Transfers


Together with ICAEW, The International Federation of Accountants (IFAC) have released the fourth instalment in its Anti-Money Laundering: The Basics educational series: Instalment 4: Asset Transfers.

The publication is part of a 6-month short series helping accountants enhance their understanding of how money laundering works, the risks they face, and what they can do to mitigate these risks and make a positive contribution to the public interest.

Instalment four examines asset transfers, one of the primary ways in which criminals layer or integrate the proceeds of crime into the legitimate economy.

Anti-Money Laundering: The Basics is featured on both the IFAC and ICAEW websites and available for download for free. IFAC is featuring the series on a new landing page alongside other relevant information on anti-money laundering (AML).

To be globally relevant, the Anti-Money Laundering: The Basics series uses the risk-based approach of the Financial Action Task Force (FATF) – the global money laundering and terrorist financing watchdog as a starting point.

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