Скачать или смотреть New anti-money laundering rules: what UK SMEs need to know

Big changes are coming to the UK’s anti-money laundering system… are you prepared?

The UK government is planning a significant overhaul of its anti-money laundering regime, and it could affect your business, even if you’re not in financial services. A Treasury proposal would transfer AML supervision for more than 60,000 professional services firms, including accountants, legal advisors, and consultant, to the Financial Conduct Authority. While the aim is simplification, small and medium businesses could face stricter checks, higher compliance costs, and more onboarding delays when working with regulated firms or international partners.

If you're raising investment, managing client funds, or onboarding suppliers, you should expect more verification requests and tighter documentation. These changes are meant to tackle serious financial crime, but they will impact everyday operations for growing businesses.

Now is the time to review your onboarding, payment, and record-keeping processes to avoid disruption when the new rules arrive. For tailored advice, visit our website JamiesonLaw.Legal or call us on 03308 184 218 (UK) or 00353 1270 7912 (Ireland).