Synopsis:
ISCA's Ethics Pronouncement (EP) 200 Anti-Money Laundering and Countering the Financing of Terrorism - Requirements and Guidelines for Professional Accountants in Singapore is revised on 1 June 2023 to adopt the AML/CFT requirements which are included in the ACRA's Accountants (Prevention of Money Laundering and Financing of Terrorism) Rules 2023. These AML/CFT requirements are applicable to professional accountants in public practice and professional firms preparing for or carrying out transactions which are considered high risk. The revised EP 200 (revised on 1 June 2023) is effective 1 July 2023.
This module objective is provide an overview of the revised AML/CFT requirements which are applicable to both professional accountants in business and professional accountants in public practice.
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