Press Release Summary = Under current Anti Money Laundering Regulations, accountants have to be extra vigilant as they can potentially face tough prison sentences over inadequate due diligence tests for clients.
Press Release Body = Under current Anti Money Laundering Regulations, accountants have to be extra vigilant as they can potentially face tough prison sentences over inadequate due diligence tests for clients.
To provide instant access to the relevant information, RM has launched its RM Company KYC report. Available through RM's online system, aRMadillo, users can search up to 44 million individuals in the UK, 5 million UK companies and firms - and 100 million companies worldwide via its interactive Anti Money Laundering database and carry out the checks necessary to comply with due diligence regulations.
"Accountants could face a potential two-year jail term for poor due diligence, failure to report suspicion can incur a five-year sentence and anyone who is even linked with an attempt to hide the crime can be imprisoned for 14 years." Says RM CEO Manny Cohen. "Our report couples data for Due Diligence, Anti-Money Laundering and Know your Customer purposes to ensure accountants are always covered."
For more information about this and RM's many other services please visit RM Online at www.rmonline.com or please contact our sales team on the details below.
About RMŽ Established 30 years ago in the City of London, RM has continually enjoyed a reputation as the UK\'s leading supplier of business and financial information and company, trade mark and domain name registration. With its comprehensive range of offline and online products, through its Internet service aRMadilloŽ (www.rmonline.com) it was the first European online information supplier to commit to Internet delivery in June 1997 adding other firsts such as the provision of UK company search reports, web-delivered statutory document downloads, company and trade mark searches and the first to provide both PDF and TIF company documents for download. Product information is available by calling +44 (0) 1462 427300 and at www.rmonline.com.
RM Information products and services include: UK Company information, International company information, Credit checks, Company reports, Company documents, Official documents, Anti money laundering data, Company searches, Company profiles, Accounts and Financial Information, Credit limits, Legal Profiles, Company credit reports, Business credit reports, Online credit reports and Credit reporting.
Primary client profiles include legal professionals, accountants and accountancy professionals, credit reporting agencies, risk management consultants, banks and finance houses, senior management and board directors.
RM, RM Group and aRMadillo are registered trade marks of Raymond Morris Group Ltd.
2025
