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IFAC and ICAEW engage leading Anti-Money Laundering Stakeholders on role of the Accountancy Profession

With uncertain economic times and emerging technologies often presenting new opportunities for criminal activities, all actors—public and private—need to work together to counteract money laundering and corruption. Failure to do so can have devastating consequences, funding other serious crimes, including slavery, drug trafficking and corruption.  

To shed some light on this crucial issue, IFAC and ICAEW hosted a hybrid event in Brussels during which global and EU experts discussed the importance of changing mindsets and the role of professional skepticism in reducing the risk of economic crime, as well as regulatory changes to improve deterrence and detection of money laundering.