AIA News
AIA
NEWS ANTI-MONEY LAUNDERING
AIA broadens strategic partnerships with AIA is pleased to announce its latest strategic partnership with Dell Technologies, the leader in digital transformation, providing digital technology solutions, products and services to drive business success. This new exclusive partnership between Dell and AIA will provide members with total IT solutions, alongside a range of discounts, from 10% to 20% on laptops, desktops and other IT related accessories. Announcing the partnership, AIA Marketing & PR Manager, Carl Jepson, said: “We are delighted to welcome world leader in IT solutions, Dell Technologies, as a new strategic partner. “Members will benefit from discounted Dell products, as well as access to highly trained small business technology advisors who can offer professional support and advice on business growth and IT needs.” Dell Technologies is committed to transforming businesses, shaping the future of innovation and developing technologies to drive human progress through greater access to better technology for people with big ideas around the world. To find out more go to our dedicated Dell Technologies partner page. AIAWORLDWIDE.COM | ISSUE 115
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STRATEGIC PARTNERSHIP
AIA submits evidence to the Treasury Select Committee Economic Crime Inquiry
The Association of International Accountants (AIA) has presented evidence to the United Kingdom Treasury Select Committee’s 2020 inquiry into anti-money laundering controls and systems in the UK. The Treasury Select Committee launched a new inquiry in October 2020 to review what progress has been made in combating economic crime. This inquiry has two strands: ● anti-money laundering systems and the sanctions regime, including the Financial Crimes Enforcement Network (FinCEN) papers and the work of the Office for Professional Body Anti-Money Laundering Supervision (OPBAS); and ● consumers, including emerging trends as a result of coronavirus and authorised push payment fraud. Commenting on the launch of the inquiry, Mel Stride MP, Chair of the Treasury Committee, said: “The previous Committee made a series of
recommendations on the UK’s effort to combat money laundering and what can be done to prevent consumers from being victims of economic crime. The current Committee will now examine what progress supervisors, law enforcement and the government has made in these areas.” As a professional body supervisor recognised under Schedule 1 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations (MLR) 2017 (as amended 2019), AIA recognises its key role in preventing economic crime and contributing to a robust approach to anti-money laundering safeguards. As part of the submission, an overview was provided of the work undertaken by AIA, as a supervisory body, to implement the money laundering regulations and ensure its members remain vigilant to the threat. AIA works with other accountancy sector supervisory bodies through the Accountancy Anti-Money Laundering Supervisors’ Group (AASG) and more
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