Hi All, I'm starting my practice now and I'm currently finalising the template for my letter of engagement, but I'm not sure if any mention of MLR should be included. I'm waiting for the ICB to send me the MLR pack since they supervise me for MLR, but I need to have my letter finalised now as I have clients r...
I may be sub contracting some payroll work from a "Chartered Certified Accountant" - what are the procedures as regards Money Laundering Regulations. I assume they will have carried out their own risk assessment etc on the client. Do I just need to get a letter stating this? Would in need t...
Hi, I just want to make sure that I am covering all bases when that moment comes when I sign up my first client. From all your experiences, what would you include under the aegis of 'due diligence' on a client. Obviously there are the MLR checks, but what else? Thanks, Roy