Let’s pull socks up over laundering
13 September 2012
It is no longer possible to treat money laundering as a side issue, and authorities are growing tired of advisers who are blasé about it.
Accountants who would no more consider laundering money than stripping naked on the boardroom table have been hit by a series of nasty shocks.
The events of 11 September last year have spurred governments around the globe into taking the subject more seriously. As a result, accountants in industry and practice, who always thought that the funds they handled were...