In episode 3 of The Washup we'll be discussing common mistakes businesses make when approaching customer due diligence. We'll cover the differences between standard and enhanced, the difference between customers and ultimate benefical owners and few red flags you should be aware of.

In the second episode of this brand-new podcast by Credas, we'll be discussing which businesses fall under AML supervision. We'll also be discussing what business then need to do to meet their AML obligations and the consequences if they don't.

Show notes

CCAB AML guidance https://www.ccab.org.uk/anti-money-laundering-and-counter-terrorist-financing-guidance-for-the-accountancy-sector-2022/

The Washup is a brand new Podcast by Credas that aims to help small businesses and SMEs make sense of their AML obligations. In this first episode, experienced financial crime professional Louis Lancaster, along with Credas' Marketing Manager, Jonathan Bennett, will discuss the current compliance landscape and why it's so important we all play our part in the fight against financial crime.