Joined: 20 Feb 2009
|Posted: Mon Jul 04, 2011 10:51 am Post subject: Introduction to Money Laundering Regulations Webinar
I recently got a letter from HMRC asking me lots of questions about my MLR Regisration along with asking to see a copy of my policy and procedures etc.
Now I know I need to pay them to register but have really struggled to find out what is expected of me aside of that, particularly as most information seems to have been written by accountants.
I had a chat with Steve Knowles who is head of Knowles Warwick and looks after all the MLR stuff within his practice and apart from scaring me silly found it very useful. For a start I had no idea about all the reporting that I am supposed to be doing, nor that failure to report could send me to prison.
I asked Steve if he would please do a webinar to cover this topic that is just aimed at Virtual Assistants and thankfully he agreed.
He will advise us who needs to be registered, watch out if you're only doing spreadsheet stuff, you may not be exempt, and what we actually have to do once registered. He also agreed to write a VA MLR policy document for us to amend to our own names etc.
More details of the webinar which takes place this Friday can be found here:
(PS I did ask Caroline's permission before posting this in here and have only posted it as it is such an important subject for VAs involved in any form of bookeeping or spreadsheet accounting)
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