I am looking for events in

Preparing for an ACCA AML monitoring visit

This event is now over.


ACCA conducts designated AML compliance reviews in order to ensure that those it supervises are operating to standards compliant with the regulations. This protects the firm itself from being exploited by criminals and ultimately helps protect society from the impacts of money laundering.

It is the responsibility of the ACCA as a Prescribed Accountancy Body (PAB) to carry out AML supervision in the Republic of Ireland under the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Act 2010 to 2021.  

ACCA automatically supervises firms for AML as long as there is one or more ACCA members holding an ACCA practising certificate with a combined majority control over the firm. ACCA supervises sole practitioners who hold an ACCA practising certificate.

Learning Objectives

The webinar will address the following topics:

  • The key themes arising from AML supervisory inspections;
  • The Firm-Wide Money Laundering Risk Assessment
  • AML policies and procedures;
  • Client risk assessment processes;
  • Client due diligence (CDD);
  • The firm’s process for identifying and reporting suspicious transactions, including a sample of records of internal and external STRs (Suspicious Transaction Reports);
  • AML training provided to the firm’s employees
  • Record-keeping systems, procedures and controls; and
  • Resources available on the ACCA website for members to help them implement appropriate controls.
John McCarthy

John McCarthy FCA of John McCarthy Consulting Ltd.

John McCarthy is a regular speaker for the ACCA on accountancy practice matters, compliance and audit/accounting technical regulation. He frequently assists firms preparing for regulatory inspections.

He has expertise in delivery of Anti-Money Laundering (AML) training to accountants, tax experts, law firms, insurance brokers, estate agents and TCSPs.

He has given joint (AML) presentations with the Garda Economic Bureau and the Revenue Commissioners and has also organised and presented specialist courses on the Solicitors’ Accounts Regulations, insurance broker/charity accounting and audit.

He is a member of Chartered Accountants Ireland (CAI), the Institute of Chartered Accountants in England and Wales (ICAEW) and the Irish Taxation Institute (ITI).

Further information at: www.jmcc.ie

Event details
Sector: Other
Date: 29 April 2024
End Date: 29 April 2024
Duration: 1.5 Hours
Venue: Virtual
Capacity: 1000
CPD Units*: 2
*CPD Units are only verifiable if the event attended provides skills and/or knowledge relevant to your job or career aspirations.
Cost details
Members €69.00
Guest price €69.00
Booking details
Book online This event is now over.
Futher details

Please note that registrations for this session will close at 12:00pm on 28th April 2024

Important Information: an entry link to the session will issue to those registered by email after booking.

The webinar will be recorded and the recording will be available for those who have registered for the event. 

If you have any questions ahead of the session, please do not hesitate to contact us at irelandmembers@accaglobal.com.