The Department of Internal Affairs (the DIA) has issued further guidance material for the accounting and book-keeping professions. The 48 page document has the purpose of assisting the industry move into new regulatory territory.
From 1 October 2018, just under four months away, the DIA will supervise tax agents, bookkeepers and accountants if they ordinarily in their business carry out certain activity as set out in the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the Act).
The guidance material is informative and serves as a good aide to assist those who may be scratching their heads and wondering what the first step is.
If you are an accountant, tax agent or bookkeeper that is captured by the Act, click on the link above and save the document to your desktop. Over the coming months it is likely to be one of your most informative sources.
Don’t forget to click on this link for another invaluable source of information from the DIA.