At ICB, we take great pride in supporting our members with the tools and guidance you need to meet legal obligations under the Money Laundering Regulations (MLRs). For practising bookkeepers, complying with the MLRs is not just a legal requirement—it's about safeguarding the integrity of our profession.
We support our members with comprehensive resources, regular updates, and ongoing supervision to help ICB Bookkeepers smoothly navigate these regulations.
A Foundation of Support: The Practice Licence
ICB members holding a Practice Licenceare automatically supervised - dependent on your compliance with the MLRs.We have created a wealth of tools and support, from helping you conduct Customer Due Diligence (CDD) to guiding you through the process of identifying and reporting suspicious activities (SARs).Members can visit the website, log in and view a series of straightforward checklists and an extensive library of guidesdesigned to help.
Guidance You Can Rely On
Our aim is to make compliance as seamless as possible for members. In addition to general industry guidance, such as the CCAB Anti-Money Laundering and Terrorist Financing Guide, we provide specific, targeted advice tailored to bookkeepers. This support starts as soon as a member applies for a Practice Licence, with one-on-one meetings with AML officers who help set up a practice’s compliance framework, and group ‘Welcome Webinars’ for new practices. We also hold regular ongoing webinars to ensure that members stay informed and confident about meeting their legal obligations.
A new series of monthly webinars is planned to provide updates, discuss risks identifiedthrough our practice reviews, and to provide members with a forum to ask questions. In addition, we will be creating a series of bitesize on-demand training videos to walk you through each part of your anti-money laundering (AML) obligations.
Streamlining Compliance with AML Online
We ask members whom we supervise to manage and report via AML Online – our secure, intuitive platform designed to help bookkeepers stay on top of AMLrisk assessments. With AML Online, members can record client information, conduct thorough risk assessments, and record monitoring of client activities on an ongoing basis. It’s all about making sure you can focus on supporting your clients while knowing that your practice is compliant. AML Online takes the guesswork out of assessing risk, saving you time and stress.
We’re in this together
You are not alone. From the initial 1-2-1 meeting as part of your practice licence application and regular webinars, to our responsive compliance team we’re always here to ensure you’re confident and clear about your obligations. Whether you’re an experienced practitioner or just starting out, we’ll help you carry out your whole practice risk assessment, establish your policies, and train your staff to meet the latest AML requirements.
With our comprehensive resources,ongoing guidance and friendly team, we’re dedicated to helping you thrive in a compliant, secure environment. Compliance isn’t just about fulfilling your legal obligations—it’s about building trust with your clients, safeguarding your business, and maintaining the professional standards that define ICB bookkeepers.
For more details, head over to our MLR resources pages and explore how we can help you stay compliant and confident.
