Here is just a short selection of what OAOA has
been doing during 2008

Implemented a risk based AML system and controls
Our client, a growing specialist, international accountancy practice knew it had to adopt a risk based approach, but wasn’t sure how. A moral compass is no good unless you know how to use it.

An AML Healthcheck
In conjunction with the Lopham Consultancy, we reviewed this rapidly growing international law firm’s existing AML systems and controls. We produced an independent report identifying the current AML issues and supplied high impact remedial training.

AML Refresher for UK Accounting Professional Body
Undertook a UK national AML update tour for this Accountancy Regulator during 2008. Explained and reviewed the changes in the 3rd EU AML Directive and how they interact with their existing obligations under the UK’s Proceeds of Crime Act as well as their professional standards.

Expert Speaker in a Council Of Europe project
Mark has twice spoken, as part of a team Council of Europe experts, at Rosfinmonitoring meetings in the Russian Federation. The picture on the left is of a Russian Queen Elizabeth, instrumental in establishing the modern Rostov-on-Dons identity.

Expert Speaker in a European Commission project
Mark addressed a meeting organized by the EC’s Institution Building Unit (TAIEX) in Belgrade, sponsored by the Serbian Ministry of Finance. The subject, the UK’s experience of the risk based approach to supervision.