Accounting Practices as Accountable Institutions: Building an RMCP and Applying a Risk-Based Approach

Written By Eszter Rapanos

When an accounting practice is registered with the Financial Intelligence Centre (FIC), it plays a crucial role in safeguarding the financial system against money laundering, terrorist financing, and other financial crimes. This article explains the responsibilities of implementing a risk based approach with practical guidance on the specific risks accountants may encounter.

Eszter Rapanos
Sign up to read this post
Join Now
Previous

Offshore Accounting Practice- Leveraging Technology and Strategic Approaches for Global Clientele 
Next

Risk Assessment and Response: Making ISQM 1 Work for Your Practice