If your business is within the tax and accounting sector, you or your firm must be supervised. This includes sole practitioners and principals in partnerships/limited liability partnerships and companies.

For Money Laundering Regulations, the main supervisory bodies for accountants, bookkeepers, tax advisers and other financial advisers are the:

• Association of Accounting Technicians
• Association of Chartered Certified Accountants
• Association of International Accountants
• Association of Taxation Technicians
• Chartered Institute of Management Accountants
• Chartered Institute of Taxation
• Financial Conduct Authority
• Institute of Certified Bookkeepers
• Institute of Chartered Accountants in Ireland
• Institute of Chartered Accountants in Scotland
• Institute of Chartered Accountants of England and Wales
• Institute of Financial Accountants
• International Association of Bookkeepers
• Law Society

If you’re not supervised by one of these bodies you may need to register with HMRC:

Money laundering supervision for accountancy service providers