AMMAN
According to Mr. Salem Al-Ouri, IASCA CEO, “These
guidelines are the latest and the most advanced guidelines applied in the
developed countries. They include all the concepts and procedures that the
professional accountants should be aware of to be able to combat money
laundering and terrorism financing. The guidelines aim to ensure that
accountants will not use the services they provide in supporting criminal
activities, instead, they will employ such services in facilitating the vital
transactions that support the economies and preserve the wealth of nations
“.  The report indicated that the issuance of the AML/CFT
Guide is part of the developments taking place in the Arab region followed by
the announcement made by Abu Dhabi AIM Auditing, that it will join GGI Global,
and will expand its operations in the UAE. 

AIM Auditing was established in 2000, and it
provides services for a range of clients across the UAE. The services include
accounting, auditing, administrative consultations, feasibility studies, IT
consultations, due care procedures regarding the liquidation cases, as well as
management of official mandates of auditing according to the International
Financial Reporting Standards (IFRS) and the International Standards of
Auditing (ISAs).

The GGI is a global alliance of well established
accounting, consultation, and legal firms with experience in providing the
clients with specialized solutions for their international businesses. The GGI
Alliance has access to more than 1 billion data points including projects and
enterprises across the world. The GGI alliance expands to 80 markets, supported
by more than 800 journalist, researcher, and analyst.

Theaccountant-online.com is a network of 30+ websites, with an
unrivalled global audience of active decision makers, influencers, and opinion
leaders across the world with a combined readership of 55 million industry
professionals each year.

To read the report, please click this link,  IASCA and TAG.Global launch
anti-money laundering guidelines - The Accountant (theaccountant-online.com)