Webinar: How to ensure your onboarding and AML procedures are ready for Companies House changes by AccountingWEB

About

In 2025 and 2026, the Economic Crime and Corporate Transparency Act will mean that there will be new identity verification requirements for all directors and persons of significant control (PSCs) for new incorporations and existing companies.

This will be one of the most significant shifts in regulatory compliance and anti-money laundering (AML) requirements in recent history.

This will mean extra work for accountants, both for new and existing clients, and you need to make sure you have systems in place, both to meet the new rules and also to ensure you charge correctly for the time you take making sure your clients are compliant.

In this on demand AccountingWEB webinar, in association with GoProposal by Sage, we discuss what the changes will mean for your practice and how you can ensure you are ready for the impact it will have on your firm. Jake Smith from AccountingWEB is joined by experts David Winch, director of MLRO Support Ltd, Danielle Fisher, product manager from GoProposal, and Jordan Smith, operations director at AG Smith & Co.

We cover:

- The changes that will affect your practice
- How to ensure you get all the correct information from your clients
- How to charge for the additional work required.

Presenters

Jake Smith

Head of Branded Content, AccountingWEB

AccountingWEB’s Head of Branded Content joined the team in July 2021 to work closely with vendors and clients to help deliver engaging, original content for AccountingWEB members.

Danielle Fisher

Product Manager, Sage

Danielle specialises in delivering digital solutions tailored for accountants. With over three years in product management and a background in customer success, Danielle focuses on compliance, client onboarding, and practice and client management. She led the development and launch of the AML solution in 2023 and now oversees the strategic growth of Sage's Client Management suite, empowering accountants with integrated tools for streamlined workflows.

David Winch

Director, MLRO Support Ltd

David Winch B.Com, F.C.A. has had over 30 years experience in accountancy matters with a wide variety of firms and their clients ranging from the smallest to major multi-nationals. David is a director of MLRO Support Ltd http://www.MLROsupport.co.uk a company which offers guidance to money laundering reporting officers in accountancy and legal practices, and joint author (with Janet Bazley, QC) of 'Money Laundering for Lawyers: the new requirements and their practical implications' published by Butterworths (2004). David is also a forensic accountant with Sedulo Forensic Accountants http://www.SeduloForensic.co.uk forensic accountants, an experienced expert witness, a contributor online to AccountingWEB and other publications and a speaker at conferences and training events as a nationally recognised authority on money laundering, proceeds of crime and confiscation. David has appeared on national television and radio on several occasions in connection with the investigation of financial crime and misconduct. David has a particular strength in criminal litigation, acting as a key expert, at different times, for both prosecution and defence teams in criminal cases.

David is also co-author of 'A Practical Guide to Confiscation and Restraint' published by Law Brief Publishing in 2022.

Jordan Smith

Operations Director, A G Smith & Co

With 13 years’ accounting experience under his belt, Jordan stepped up as Operations Director in his family firm, A G Smith & Co in 2023, already making a profound impact. By daring to implement new pricing methods, he generated an estimated £50k in extra revenue in his first year in the role, empowering the team to take charge of their client relationships while ensuring clients are charged fairly.

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