6 mandatory obligations for accountants to prevent money laundering

The National Council for Accounting issued an instruction to accounting experts, bookkeepers, and certified accountants, obligating them to implement the system for preventing money laundering, financing terrorism, and financing the proliferation of weapons of mass destruction, by committing to six main tasks, which are vigilance measures towards customers, identifying and verifying the identity of the true beneficiary, revealing suspicious operations, declaring suspicions while exempting the declarant, preserving documents, and placing […] The post 6 mandatory obligations for accountants to prevent money laundering appeared first on Al Shorouk Online.