Anti-Money Laundering: The Basics – publication series collaboratively developed by IFAC and ICAEW were translated into Georgian

The International Federation of Accountants (IFAC) and the Institute of Chartered Accountants of England and Wales (ICAEW) collaborated on the publication series development - Anti-Money Laundering: The Basics.

Professional accountants, as public interest defenders, play a significant role in Anti-Money Laundering. The purpose of the series is to provide professional accountants with a better understanding of how money laundering works, the risks they face, and what they can do to mitigate these risks.

Georgian Federation of Professional Accountants and Auditors started translating the series of publications. The first two publications have already been translated into Georgian and are available for all interested parties:

• Installment 1:  Introduction to Anti-Money Laundering for Professional Accountants;
• Installment 2: Risk-Based Approach.

SARAS will publish the translation of the following series on its web-page.

With the support of the international donor organizations, developing manuals and training of the representatives of the profession is planned in the near future.

We would like to remind you that in accordance with the law of Georgia on Facilitating the Prevention of Money Laundering and Terrorism Financing, SARAS provides state supervision of the professional field in this direction.