Preventing money laundering

Pursuant to the provisions of the Act on the Prevention of Money Laundering and Financing Terrorist Activities of the 16th of November 2000, the so-called “entities obliged” are required to implement in writing and to apply in practice an internal procedure on the prevention of money laundering and financing terrorist activities. In case they fail to fulfil the obligations arising from the abovementioned Act, they can be charged with a fine of up to PLN 750,000.

PKF BPO Consult experts have developed a procedure which transfers the provisions of the Act to the grounds of practices of accounting firms and statutory auditors.

The procedure:

• Clearly outlines the scope of responsibilities and duties of employees engaged in the process of Client’s acquisition and service,
• Contains forms which facilitate the performance of analyses required by law, and
• A manual on the procedure, which clearly points at specific circumstances requiring the undertaking of actions and the manner of their implementation.

Entities obliged, and particularly those offering bookkeeping services and independent statutory auditors, are encouraged to use the following services:

• Purchase of the procedure on the prevention of money laundering and financing terrorist activities. As part of this service you will receive the contents of the procedure we developed in a format enabling you to edit and adjust it to possible future amendments to provisions or changes in the organisational structure of your business.
• Advisory concerning the performance of obligations arising from the Act on the Prevention of Money Laundering and Financing Terrorist Activities.
• Audit of the implementation and performance of procedures concerning the prevention of money laundering and financing terrorist activities. 

We provide Preventing money laundering and other services throughout Poland in regional offices in Warsaw, Łódź and Poznań, Opole, Wrocław, Katowice, Lublin, Gdańsk and Zielona Góra.