Anti-Money Laundering and the Impact on your Small Business

💰 If you are new start up or small business owner, have you ever wondered why you get asked numerous questions, and get asked for numerous pieces of identification when you form a new limited company and open a business bank account? Welcome to the world of anti-money laundering compliance.

⏱️ Time Stamps:
0:56 - What exactly is money laundering?
3:33 - Why accountants, solicitors and art dealers are classified as obliged entities
5:36 - Anti money laundering checks for new start ups and small business owners
6:49 - Why does AML (anti money laundering) matter?

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★☆★ A BIT ABOUT ME (Tony D) ★☆★
I am 47 year old (thank you to those of you who suggested I look waaaaay younger than this 😁) qualified accountant of 23 years. I was born and raised in London (UK) all my life, a City I truly love.
I am married with 2 beautiful children ❤️
I've held numerous positions, across various industries throughout my career in finance functions and I have also banked the experience of creating and running my own business(es) for 9 years, both of which I exited recently.
My passion is now to educate, inspire and empower YOU by imparting, sharing and coaching you through my knowledge, skills, experience and most importantly, an abundance of wisdom I have accumulated during the journey of my life.
★☆★ CONNECT on LINKEDIN ★☆★
https://www.linkedin.com/in/tony-dhanjal-b0b7b319

★☆★ MY MISSION ★☆★
My team and I are dedicated to helping and empowering YOU to 'Know Your Numbers' so you can make calculated and informed decisions in your business, company and personal finances towards your definition of success.

★☆★ MY PHILOSOPHY ★☆★
If you take care of your numbers (finances), your numbers will take care of you, your family and those you value the most.

🔴 DISCLAIMER
My videos are for general guidance, education and empowerment in helping you understand accounting, tax and your numbers. They in no way constitute specific advice to your specific circumstances. Me & my team would be delighted to help you with your specific queries or accounting requirements through a formal engagement.

#kyc #know your customer

Видео Anti-Money Laundering and the Impact on your Small Business канала Tony D | The Chief Finance Officer