The new reality of AML compliance For many UK tax and accountancy firms, anti‑money laundering compliance has traditionally been understood as a matter of professional judgement and good intent. If the appropriate checks were carried out and risks considered, firms could feel confident they were meeting their obligations. That assumption is now being tested. Across […] … Read More

Plenty of MTD tools look impressive on the surface but fewer hold up once you run a real practice and clients through them. The market for MTD recognised software has grown sharply since Making Tax Digital for Income Tax was mandated this year. There are now more than 100 products vying for attention, and more […] … Read More

Companies House fraud protection has become critical as fraudsters increasingly target UK businesses with sophisticated scams. With digital identity verification launching, cybercriminals are developing advanced methods to circumvent protective measures. This comprehensive guide provides essential fraud prevention strategies, helping you identify deceptive communications and implement robust compliance measures to protect your business integrity. Jump to […] … Read More

With over 150 years of trusted content knowledge and expertise in global trade, compliance, and regulatory requirements, Thomson Reuters understands that maintaining an impeccable corporate governance record in today’s complex environment is extremely challenging, and mistakes can be very costly. The rapid increase in accessible data across disparate and unconnected systems makes keeping track of […] … Read More

In today’s rapidly evolving financial landscape, open banking has emerged as a game-changer, revolutionising the way financial institutions operate and interact with their customers.  Particularly prominent in the UK, open banking signifies a modernised method of sharing financial information and services through standardised APIs. It encourages collaboration and competition in the financial sector, giving customers […] … Read More

Over the past decade, major advances in accounting information technology have opened up opportunities for accountants to turn their focus from time-consuming, manual tasks to data analysis, tax strategy, and predictive insights. This profound shift has created a pathway to improving operational efficiency, seamlessly achieving compliance, and fostering more meaningful relationships with clients. Today’s accountants must […] … Read More