The Money Laundering Regulations 2007 came into effect on 15 December 2007 and oblige members of the Institute who are self-employed or in practice to register with a supervisory body for compliance monitoring. A list of approved supervisory bodies may be found below.
If you have your own practice, no matter how small, receiving payment for tax advice and are not already supervised by an organisation on the list; then you will need to register with the Institute in order to comply with the Regulations.
