21st October 2019
The Fifth Money Laundering Directive is due to come into effect by 10 January 2020 with the intention of further strengthening the UK regime.
Here, Steve O’Neill, Managing Director of Business Tax Centre – Lifecycle’s compliance and AML partner – takes a look at what changes are coming and how they will impact professional advisers.
About the Lifecycle Network
Lifecycle is a unique network for accountants – provided by the Leonard Curtis Business Solutions Group. It provides member accountants with a comprehensive range of specialist services – and the expert support required – to improve their client offering at every stage of a business’ lifecycle. From company formation to cessation and all stages in between.
Lifecycle is free to join and also offers members many additional benefits. These include access to competitively priced Professional Indemnity insurance cover, a regular programme of free training and education and discounts on products and services relevant to their business and clients’ needs.
Services offered by Lifecycle include: Company secretarial and formation; equity finance for SMEs; debt advisory for SMEs; personal debt advice; corporate restructuring, insolvency and cessation; debt finance for SMEs; cashflow maximisation; property solutions and legal services.
For more information on Lifecycle click here.