Anonymised Anti-Money Laundering (AML) case studies, to assist members in reviewing AML policies and procedures, are available on our enforcement notices page – click here.

A reminder for members who deal with IVAs

At the request of the IPA Regulation & Conduct Committee (R&CC), we would like to remind members dealing with IVAs to ensure that the IVA is supervised in accordance with the agreed terms and the modifications. If there is any ambiguity between the original terms and agreed modifications, then a variation should be considered. Clear minutes should be kept, and steps taken to verify suggested modifications where there is any doubt.