Enhanced Due Diligence (EDD) requirements explained for UK accounting firms, covering mandatory triggers, prescribed measures, common compliance failures, and practical implementation steps under MLR 2017.

Get AML wrong and face prison, unlimited fines, and losing your practice—because criminals deliberately look like your best clients.

88% of firms with cash-based business clients completely missed this risk factor in their AML assessments

Transaction monitoring is where AML compliance gets real—it's ongoing scrutiny of client financial activity that separates compliant practices from those waiting for an HMRC inspection to expose their gaps.

Most firms think they're doing AML checks. They're actually doing identity verification and hoping for the best.

The check happens before work starts, or the work doesn't start. No exceptions.

KYC verifies identity. AML prevents financial crime. Confusing them? That's a compliance gap waiting to cost you.