Recognising the public interest, the accountancy profession and FEE have always been particularly committed to support the fight against money laundering wherever possible, helping professionals, firms, national professional institutes, governments and international organisations tackle the economic, social and governance challenges of a globalised economy.

European and national legislation have been progressively adopted over the last decades, requiring financial institutions and vulnerable professions to undertake due diligence on clients and to report suspicious activities. Several international organisations and policy-making bodies such as the Financial Action Task Force (FATF) and the United Nations are also active in this area, mainly by setting standards and developing guidance for their member states and promoting peer pressure mechanisms through international mutual evaluations.

The Working Party monitors the relevant developments on European and international level and contributes where appropriate.

For more information about the Anti-Money Laundering Working Party contact: