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Guide · Internal
AML Supervision Reform for Accountants
Whoever supervises you next, the evidence they will ask for is the same. Get that right now.
Built by a practising Chartered Accountant · Unlimited users · 60-day free trial · Last updated 27 September 2026
Quick answer
AML supervision reform concerns how anti-money laundering supervision of accountancy and legal firms is structured in the UK, including proposals to consolidate supervisors. Whatever the outcome, practices are judged on the same evidence: a current firm-wide risk assessment, client risk assessments, due diligence records, training logs and monitoring. Remindoo keeps that evidence in one place.
What is AML supervision reform?
A programme of change to how AML supervision of professional services is organised in the UK, including consultation on consolidating the number of supervisors.
The direction of travel has been towards fewer, more consistent supervisors, but the detail and timing depend on Government decisions. Treat the specifics as subject to change and check the current position with HM Treasury and your own supervisory body rather than relying on commentary.
How should firms prepare?
By making the standard evidence base excellent, because it is what every supervisor asks for.
Firm-wide risk assessment, current and dated. A risk assessment for every client. Due diligence and ID evidence on file. Ongoing monitoring that can be shown to have happened. Training records for all staff. Get those five right and any change of supervisor is an administrative event, not a crisis.
What role do systems play?
They make the evidence retrievable. Most firms fail inspections on retrieval, not on intent.
Risk assessments in a shared drive, ID documents in inboxes and monitoring in someone's memory is a hard position to defend. Holding risk assessments, digital ID and KYC checks, documents and review dates against the client record turns a two-week scramble into a search.
AML Supervision Reform for Accountants: step by step
- 1
Check your supervisor's guidance
Follow your own supervisory body's current requirements.
- 2
Refresh the firm-wide risk assessment
Update and date it, reflecting current services and clients.
- 3
Complete client risk assessments
Ensure every client has a current, recorded assessment.
- 4
Tidy due diligence evidence
Bring ID and verification records onto the client file.
- 5
Evidence ongoing monitoring
Schedule and record periodic reviews.
- 6
Record all training
Keep dated training logs for every member of staff.
See it working with your own clients
A 30-minute walkthrough using your services, deadlines and templates.
How do you do it in Remindoo?
- Run risk assessments in the system. Record client AML risk scoring against the client.
- Use built-in ID checks. Run digital ID, KYC and proof of address checks without a separate provider.
- Store evidence on the client. Keep documents and check results on the client record.
- Schedule periodic reviews. Create recurring review jobs so monitoring is evidenced.
- Restrict access by role. Limit who can see and change AML records.
- Report readiness. Filter clients missing a current risk assessment or check.
AML risk scoring and digital ID checks
Risk assessments plus built-in digital KYC, AML and proof-of-address checks.
See featureRecurring tasks
Repeat work is created automatically on schedule.
See featureCentralised client information
Services, documents and notes in one record.
See featureAdvanced employee roles (Growth plan)
Give employees role-based access suited to their responsibilities.
See featureCustom fields and data tokens
Capture and reuse the data your firm needs.
See featureWhat are the common mistakes?
- Waiting for reform before tidying the evidence
- Firm-wide risk assessment years out of date
- ID documents held in email
- Monitoring done but not recorded
- Training delivered without a dated log
“Companies House integration onboards clients in minutes; AML scoring keeps us compliant.”
Frequently asked questions
Will my AML supervisor change?
That depends on Government decisions on supervision reform. Check the current position with HM Treasury and your supervisory body.
What should we do in the meantime?
Keep following your current supervisor's guidance and make the standard evidence base — risk assessments, due diligence, monitoring, training — complete and retrievable.
Does Remindoo include AML identity checks?
Yes. Digital ID, KYC and proof of address checks are built in, alongside client risk scoring and record keeping.
How often should the firm-wide risk assessment be reviewed?
At least annually and whenever services, clients or risk exposure change materially.
Who needs AML training?
Staff should receive training relevant to their role. Check your supervisor's guidance on coverage and frequency.
How long should AML records be kept?
For the retention period set by the regulations and your supervisor, which continues after a client leaves.
Ready to run a calmer practice?
See Remindoo with your own clients, or start free for 60 days with unlimited users.
Sources
Last updated 27 September 2026. General guidance, not regulatory advice.
Why recording AML checks properly matters
UK accountants must follow the Money Laundering Regulations and their supervisor's guidance. If a check is not recorded, supervisors will generally treat it as not done.
Evidence for your supervisor
Dated ID checks and risk assessments on each client file are what a supervisor asks to see during a review.
Consistent risk scoring
A standard risk assessment means every client is judged the same way, whoever onboarded them.
Ongoing monitoring
Reminders for periodic reviews help keep checks current rather than done once and forgotten.
Faster onboarding
Built-in digital ID and AML checks in Remindoo reduce back-and-forth with new clients.
Practical tips from UK practice
- Complete identity checks and a risk assessment before starting chargeable work.
- Set review dates by risk level, with higher-risk clients reviewed more often.
- Record the reason for each risk rating, not just the rating.
- Check your supervisor's current guidance, as requirements can change.
Related Remindoo features
Written and reviewed by Waqas Sagar ACA FCCA FMAAT, Chartered Accountant with 18+ years in practice. Founder and MD of Accotax, an ICAEW, ACCA and AAT regulated London practice that has served over 5,000 clients, and founder of Remindoo. Guidance is general; check current GOV.UK and professional body guidance for your firm.
What UK practices say about Remindoo
Read all reviews on Trustpilot“With Remindoo, everything from the first enquiry to onboarding and ongoing client management is tracked in one place… It saves us hours and gives me, as a practice owner, complete visibility of where the firm stands.”
“The biggest benefit is having clients, tasks, deadlines, workflows, proposals and communication all organised in one place.”
“During my trial, the team were absolutely amazing. They helped onboard my clients, set up my settings and made sure everything was ready for me to use… they made the whole process completely stress-free.”
“It brings client information, tasks, recurring deadlines, workflows and reminders together in one place, giving us much better visibility across the team.”
