{"id":10713,"date":"2025-11-20T10:30:43","date_gmt":"2025-11-20T10:30:43","guid":{"rendered":"https:\/\/www.amlcc.com\/?p=10713"},"modified":"2025-11-14T10:30:53","modified_gmt":"2025-11-14T10:30:53","slug":"what-are-the-consequences-for-failing-to-comply-with-aml-obligations","status":"publish","type":"post","link":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/","title":{"rendered":"What are the consequences for failing to comply with AML obligations?"},"content":{"rendered":"\n<div class=\"wp-block-uagb-container uagb-block-8cdf7575 alignfull uagb-is-root-container\"><div class=\"uagb-container-inner-blocks-wrap\"><h1 style=\"margin-top:0;margin-bottom:0\" class=\"wp-block-post-title\">What are the consequences for failing to comply with AML obligations?<\/h1>\n\n\n<div class=\"wp-block-uagb-info-box uagb-block-4293da6b uagb-infobox__content-wrap  uagb-infobox-icon-left-title uagb-infobox-left uagb-infobox-image-valign-middle\"><div class=\"uagb-ifb-content\"><div class=\"uagb-ifb-left-title-image\"><div class=\"uagb-ifb-image-content\"><img decoding=\"async\" src=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2024\/09\/Richard-Simms-AMLCC-956x1024.png\" alt=\"Richard Simms\" width=\"80\" height=\"85\" loading=\"lazy\"\/><\/div><div class=\"uagb-ifb-title-wrap\"><span class=\"uagb-ifb-title-prefix\">Richard Simms<\/span><h3 class=\"uagb-ifb-title\">Director and Founder of AMLCC and AMLCC Consult<\/h3><\/div><\/div><\/div><\/div>\n\n\n<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1910\" height=\"1276\" src=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"What are the consequences for failing to comply with AML obligations?\" style=\"aspect-ratio:16\/9;width:100%;height:480px;object-fit:cover;\" srcset=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg 1910w, https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash-300x200.jpg 300w, https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash-1024x684.jpg 1024w, https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash-768x513.jpg 768w, https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash-1536x1026.jpg 1536w\" sizes=\"auto, (max-width: 1910px) 100vw, 1910px\" \/><\/figure><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-container uagb-block-f4715dae alignfull uagb-is-root-container\"><div class=\"uagb-container-inner-blocks-wrap\">\n<div class=\"wp-block-uagb-container uagb-block-f9c6201f\">\n<p class=\"wp-block-paragraph\">Every regulated business is legally required to have systems in place that prevent money laundering, terrorist financing and proliferation financing. When those systems fail, the consequences can range from reputational risk, to fixed financial penalties, to criminal prosecution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Although it\u2019s the failed AML inspections in big financial institutions that hit the headlines, the majority of the enforcement action in the UK targets small and mid-sized businesses, because they make up the bulk of the regulated community.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The scrutiny on these businesses is about to get sharper. The government is overhauling the UK\u2019s fragmented supervision system, including replacing the\u00a022 professional\u00a0body\u00a0supervisors\u00a0(PBSs) with a single professional services supervisor\u00a0(SPSS). The aim is to remove inconsistencies between sectors and close the gaps that have allowed non-compliant firms to slip through the cracks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once that change takes effect, it is anticipated that enforcement will be faster and more consistent. Outcomes like&nbsp;\u201cpartial compliance\u201d will no longer buy you time. Businesses that can\u2019t show a live, documented AML framework are likely to face penalties where they might previously have escaped with a warning.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The legal framework<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Under\u00a0<a href=\"https:\/\/www.legislation.gov.uk\/uksi\/2017\/692\/contents\">The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017<\/a> (MLRs), every regulated firm must take these actions:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Appoint the right AML leaders<\/li>\n\n\n\n<li>Appropriately educate and train employees on money laundering (ML), terrorist financing (TF) and proliferation financing (PF)<\/li>\n\n\n\n<li>Create written, tailored AML policies, controls and procedures (PCPs)<\/li>\n\n\n\n<li>Evaluate business and client risk with detailed written risk assessments<\/li>\n\n\n\n<li>Identify and verify the ultimate beneficial owners of clients<\/li>\n\n\n\n<li>Keep an audit trail of all AML work<\/li>\n\n\n\n<li>Report suspicious activity<\/li>\n\n\n\n<li>Keep all of this work up to date and in line with the business\u2019 current work and client base<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Failure to meet these obligations mean that you wouldn\u2019t&nbsp;<a href=\"https:\/\/www.amlcc.com\/anti-money-laundering-compliance\/\">pass an AML inspection today<\/a>, which could lead to civil penalties, criminal sanctions, suspension of authorisation or even prosecution under the Proceeds of Crime Act 2002.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The new supervision reforms<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In September 2025, HM Treasury and the Home Office confirmed that the UK\u2019s AML supervision regime will be overhauled following a multi-year consultation.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The&nbsp;<a href=\"https:\/\/www.gov.uk\/government\/consultations\/reforming-anti-money-laundering-and-counter-terrorism-financing-supervision\/outcome\/reform-of-the-anti-money-laundering-and-counter-terrorism-financing-supervision-regime-consultation-response\">Reform of the Anti-Money Laundering and Counter-Terrorism Financing Supervision<\/a>&nbsp;response proposes creating a single public-sector supervisor to replace the current 22 professional body supervisors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the government\u2019s consultation outcome, the reform aims to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>increase supervisory effectiveness;<\/li>\n\n\n\n<li>strengthen rule-making, investigative and penalty powers;<\/li>\n\n\n\n<li>improve intelligence-sharing between supervisors, law enforcement and the private sector;<\/li>\n\n\n\n<li>reduce inconsistencies in the powers of supervisors; and<\/li>\n\n\n\n<li>increase accountability and transparency among supervisors.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What non-compliance looks like in practice<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The same weaknesses appear again and again: outdated policies, missing risk assessments, weak client due diligence and poor documentation. Being partially compliant isn\u2019t enough. If your systems or records don\u2019t fully meet the Regulations, you\u2019re still non-compliant. In an inspection,&nbsp;\u201calmost there\u201d is a failure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Property sector<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Between October 2024 and March 2025, 194 estate and letting agents were fined more than \u00a31 million for breaches of anti-money-laundering (AML) rules,&nbsp;<a href=\"https:\/\/www.propertymark.co.uk\/resource\/further-tranche-of-agents-hit-with-penalties-for-aml-failures.html\">according to Propertymark<\/a>.&nbsp;The majority of cases involved firms that failed to register for supervision with HMRC or didn\u2019t renew their registration on time, which is one of the most common causes of enforcement across the sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Propertymark warned that registration is a core legal requirement, not an administrative formality. Firms that trade without supervision risk severe penalties, including unlimited fines or up to two years\u2019&nbsp;imprisonment. The latest wave of fines shows how routinely smaller, local agencies are being caught out for avoidable compliance failures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Accountancy sector<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Between October 2024 and March 2025,&nbsp;<a href=\"https:\/\/www.accountingweb.co.uk\/practice\/general-practice\/hmrc-hits-businesses-with-ps32m-in-aml-fines\">HMRC issued AML penalties to 336 businesses<\/a>, including 91 accountancy service providers, totalling around \u00a3538,000 in fines.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the ICAEW\u2019s&nbsp;<a href=\"https:\/\/www.icaew.com\/regulation\/aml-supervision\/anti-money-laundering-supervision-report\">latest AML report<\/a>, only 19.4% of accountancy firms assessed were compliant with AML rules (with the majority &#8211; 60.6% &#8211; being \u2018generally compliant), most often because of lack of understanding of regulations, insufficient risk assessment, and over-reliance on long-standing client relationships.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Legal sector<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The&nbsp;<a href=\"https:\/\/www.sra.org.uk\/sra\/research-publications\/aml-annual-report-2024-25-summary\/\">SRA\u2019s 2024\u201325 AML report&nbsp;<\/a>makes clear how widespread the problem is. Out of 833 law firms reviewed, only 112 were fully compliant. 451 firms, over half, were only partially compliant and 270 were non-compliant.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During the same period, they issued \u00a3661,200 in fines agreed through Regulatory Settlement Agreements (RSAs), and \u00a3292,133 in fines imposed by adjudicators.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Avoiding non-compliance<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Avoiding penalties doesn\u2019t require a huge compliance department. It requires structure, consistency and evidence.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Keep AML documentation live:<\/strong> Review and update your business-wide and client risk assessments and PCPs every year, or sooner if something changes.<\/li>\n\n\n\n<li><strong>Tailor, don\u2019t template:<\/strong> A\u00a0<a href=\"https:\/\/www.amlcc.com\/8-steps-to-a-compliant-aml-policy\/\">compliant AML policy<\/a>\u00a0reflects your real services, clients and delivery methods.<\/li>\n\n\n\n<li><strong>Record everything:<\/strong>\u00a0<a href=\"https:\/\/www.amlcc.com\/product-features\/training\/\">AML Training<\/a>\u00a0logs,\u00a0<a href=\"https:\/\/www.amlcc.com\/product-features\/client-identity-validation\/\">ID Verification<\/a>\u00a0checks and\u00a0<a href=\"https:\/\/www.amlcc.com\/product-features\/aml-firm-wide-policy\/\">AML Policy<\/a>\u00a0updates should be traceable and date-stamped.<\/li>\n\n\n\n<li><strong>Embed awareness:<\/strong> Training is only effective when people understand what to do in practice.<\/li>\n\n\n\n<li><strong>Act on suspicion:<\/strong> Have a clear escalation path and file SARs when appropriate.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">When you treat compliance as a living process rather than a checklist, it protects the wider profession and our economy from criminals. But it also protects you and your business from the consequences of non-compliance.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"wp-block-uagb-info-box uagb-block-7e2f0fec uagb-infobox__content-wrap  uagb-infobox-icon-above-title uagb-infobox-image-valign-top has-ast-global-color-4-background-color\"><div class=\"uagb-ifb-content\"><div class=\"uagb-ifb-title-wrap\"><\/div><p class=\"uagb-ifb-desc\"><strong>Explore how AMLCC&#8217;s features can keep you completely compliant<\/strong><\/p><div class=\"uagb-ifb-button-wrapper wp-block-button\"><a href=\"https:\/\/www.amlcc.com\/product-features\/training\/\" class=\"uagb-infobox-cta-link wp-block-button__link\" target=\"_self\" rel=\"noopener noreferrer\" onclick=\"return true;\"><span class=\"uagb-inline-editing\">Learn more<\/span><\/a><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-container article-cta uag-hide-desktop uagb-block-f6be450a\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-69b8c097\"><h3 class=\"uagb-heading-text\">The one-stop AML solution<\/h3><\/div>\n\n\n\n<p class=\"has-ast-global-color-6-color has-text-color has-link-color wp-elements-1 wp-block-paragraph\" style=\"margin-top:0px;margin-bottom:0px;font-size:20px;line-height:1.3\">Educate your teams, improve efficiency and achieve AML compliance all in one place, using AMLCC.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-container-core-buttons-is-layout-2 wp-block-buttons-is-layout-flex\" style=\"justify-content: center;\">\n<div class=\"wp-block-button is-style-fill\"><a href=\"\" class=\"wp-block-button__link wp-element-button demo-secondary\" onclick=\"Calendly.initPopupWidget({url: 'https:\/\/calendly.com\/lisa-jco\/amlcc-demo?hide_gdpr_banner=1&#038;primary_color=ff4f5b'});return false;\">Book now<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-container uag-hide-desktop uagb-block-c5c14d25\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-a787415a\"><h3 class=\"uagb-heading-text\">We know AML<\/h3><\/div>\n\n\n\n<p class=\"has-ast-global-color-6-color has-text-color has-link-color wp-elements-2 wp-block-paragraph\" style=\"margin-top:0px;margin-bottom:0px;font-size:20px;line-height:1.3\">We\u2019re regulated professionals too. We know what you need to comply with the Regulations.<br><\/p>\n\n\n\n<div class=\"wp-block-uagb-icon-list uagb-block-cffcf54f\"><div class=\"uagb-icon-list__wrap\">\n<div class=\"wp-block-uagb-icon-list-child uagb-block-082e00ee\"><span class=\"uagb-icon-list__source-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M0 256C0 114.6 114.6 0 256 0C397.4 0 512 114.6 512 256C512 397.4 397.4 512 256 512C114.6 512 0 397.4 0 256zM371.8 211.8C382.7 200.9 382.7 183.1 371.8 172.2C360.9 161.3 343.1 161.3 332.2 172.2L224 280.4L179.8 236.2C168.9 225.3 151.1 225.3 140.2 236.2C129.3 247.1 129.3 264.9 140.2 275.8L204.2 339.8C215.1 350.7 232.9 350.7 243.8 339.8L371.8 211.8z\"><\/path><\/svg><\/span><span class=\"uagb-icon-list__label\">We\u2019re internationally recognised AML experts<\/span><\/div>\n\n\n\n<div class=\"wp-block-uagb-icon-list-child uagb-block-ebce1a01\"><span class=\"uagb-icon-list__source-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M0 256C0 114.6 114.6 0 256 0C397.4 0 512 114.6 512 256C512 397.4 397.4 512 256 512C114.6 512 0 397.4 0 256zM371.8 211.8C382.7 200.9 382.7 183.1 371.8 172.2C360.9 161.3 343.1 161.3 332.2 172.2L224 280.4L179.8 236.2C168.9 225.3 151.1 225.3 140.2 236.2C129.3 247.1 129.3 264.9 140.2 275.8L204.2 339.8C215.1 350.7 232.9 350.7 243.8 339.8L371.8 211.8z\"><\/path><\/svg><\/span><span class=\"uagb-icon-list__label\">We work with most accountancy supervisors and the Law Society<\/span><\/div>\n\n\n\n<div class=\"wp-block-uagb-icon-list-child uagb-block-352e4894\"><span class=\"uagb-icon-list__source-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M0 256C0 114.6 114.6 0 256 0C397.4 0 512 114.6 512 256C512 397.4 397.4 512 256 512C114.6 512 0 397.4 0 256zM371.8 211.8C382.7 200.9 382.7 183.1 371.8 172.2C360.9 161.3 343.1 161.3 332.2 172.2L224 280.4L179.8 236.2C168.9 225.3 151.1 225.3 140.2 236.2C129.3 247.1 129.3 264.9 140.2 275.8L204.2 339.8C215.1 350.7 232.9 350.7 243.8 339.8L371.8 211.8z\"><\/path><\/svg><\/span><span class=\"uagb-icon-list__label\">Bespoke AML consultancy available for all sectors<\/span><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-buttons uagb-buttons__outer-wrap uagb-btn__default-btn uagb-btn-tablet__default-btn uagb-btn-mobile__default-btn uagb-block-fc153394\"><div class=\"uagb-buttons__wrap uagb-buttons-layout-wrap \">\n<div class=\"wp-block-uagb-buttons-child uagb-buttons__outer-wrap uagb-block-79a4148c wp-block-button\"><div class=\"uagb-button__wrapper\"><a class=\"uagb-buttons-repeater wp-block-button__link\" aria-label=\"\" href=\"https:\/\/www.amlcc.com\/consult\/\" rel=\"follow noopener\" target=\"_self\" role=\"button\"><div class=\"uagb-button__link\">Find out more<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-container uagb-block-99e38104\">\t\t\t\t<div class=\"wp-block-uagb-table-of-contents uagb-toc__align-left uagb-toc__columns-1  uagb-block-1daea5fd article-toc     \"\n\t\t\t\t\tdata-scroll= \"1\"\n\t\t\t\t\tdata-offset= \"30\"\n\t\t\t\t\tstyle=\"\"\n\t\t\t\t>\n\t\t\t\t<div class=\"uagb-toc__wrap\">\n\t\t\t\t\t\t<div class=\"uagb-toc__title\">\n\t\t\t\t\t\t\tJump to:\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"uagb-toc__list-wrap \">\n\t\t\t\t\t\t<ol class=\"uagb-toc__list\"><li class=\"uagb-toc__list\"><a href=\"#the-legal-framework\" class=\"uagb-toc-link__trigger\">The legal framework<\/a><li class=\"uagb-toc__list\"><a href=\"#what-non-compliance-looks-like-in-practice\" class=\"uagb-toc-link__trigger\">What non-compliance looks like in practice<\/a><li class=\"uagb-toc__list\"><a href=\"#avoiding-non-compliance\" class=\"uagb-toc-link__trigger\">Avoiding non-compliance<\/a><\/ol>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\n\n\n<div class=\"wp-block-uagb-container article-cta uag-hide-tab uag-hide-mob uagb-block-9b41d3fe\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-28078d4a\"><h3 class=\"uagb-heading-text\">The one-stop AML solution<\/h3><\/div>\n\n\n\n<p class=\"has-ast-global-color-6-color has-text-color has-link-color wp-elements-3 wp-block-paragraph\" style=\"margin-top:0px;margin-bottom:0px;font-size:20px;line-height:1.3\">Educate your teams, improve efficiency and achieve AML compliance all in one place, using AMLCC. <\/p>\n\n\n\n<p class=\"has-ast-global-color-6-color has-text-color has-link-color wp-elements-4 wp-block-paragraph\" style=\"margin-top:0px;margin-bottom:0px;font-size:20px;line-height:1.3\">Talk to our experts about how we can help you secure your business.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-container-core-buttons-is-layout-2 wp-block-buttons-is-layout-flex\" style=\"justify-content: center;\">\n<div class=\"wp-block-button is-style-fill\"><a href=\"\" class=\"wp-block-button__link wp-element-button demo-secondary\" onclick=\"Calendly.initPopupWidget({url: 'https:\/\/calendly.com\/lisa-jco\/amlcc-demo?hide_gdpr_banner=1&#038;primary_color=ff4f5b'});return false;\">Book a demo<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"uagb-position__sticky wp-block-uagb-container uag-hide-tab uag-hide-mob uagb-block-353bcb12\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-45cdaeb7\"><h3 class=\"uagb-heading-text\">We know AML<\/h3><\/div>\n\n\n\n<p class=\"has-ast-global-color-6-color has-text-color has-link-color wp-elements-5 wp-block-paragraph\" style=\"margin-top:0px;margin-bottom:0px;font-size:20px;line-height:1.3\">We\u2019re regulated professionals too. We know what you need to comply with the Regulations.<br><\/p>\n\n\n\n<div class=\"wp-block-uagb-icon-list uagb-block-b41f0db0\"><div class=\"uagb-icon-list__wrap\">\n<div class=\"wp-block-uagb-icon-list-child uagb-block-333d0a11\"><span class=\"uagb-icon-list__source-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M0 256C0 114.6 114.6 0 256 0C397.4 0 512 114.6 512 256C512 397.4 397.4 512 256 512C114.6 512 0 397.4 0 256zM371.8 211.8C382.7 200.9 382.7 183.1 371.8 172.2C360.9 161.3 343.1 161.3 332.2 172.2L224 280.4L179.8 236.2C168.9 225.3 151.1 225.3 140.2 236.2C129.3 247.1 129.3 264.9 140.2 275.8L204.2 339.8C215.1 350.7 232.9 350.7 243.8 339.8L371.8 211.8z\"><\/path><\/svg><\/span><span class=\"uagb-icon-list__label\">We\u2019re internationally recognised AML experts<\/span><\/div>\n\n\n\n<div class=\"wp-block-uagb-icon-list-child uagb-block-b485c460\"><span class=\"uagb-icon-list__source-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M0 256C0 114.6 114.6 0 256 0C397.4 0 512 114.6 512 256C512 397.4 397.4 512 256 512C114.6 512 0 397.4 0 256zM371.8 211.8C382.7 200.9 382.7 183.1 371.8 172.2C360.9 161.3 343.1 161.3 332.2 172.2L224 280.4L179.8 236.2C168.9 225.3 151.1 225.3 140.2 236.2C129.3 247.1 129.3 264.9 140.2 275.8L204.2 339.8C215.1 350.7 232.9 350.7 243.8 339.8L371.8 211.8z\"><\/path><\/svg><\/span><span class=\"uagb-icon-list__label\">We work with most accountancy supervisors and the Law Society<\/span><\/div>\n\n\n\n<div class=\"wp-block-uagb-icon-list-child uagb-block-c0d2ec75\"><span class=\"uagb-icon-list__source-wrap\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M0 256C0 114.6 114.6 0 256 0C397.4 0 512 114.6 512 256C512 397.4 397.4 512 256 512C114.6 512 0 397.4 0 256zM371.8 211.8C382.7 200.9 382.7 183.1 371.8 172.2C360.9 161.3 343.1 161.3 332.2 172.2L224 280.4L179.8 236.2C168.9 225.3 151.1 225.3 140.2 236.2C129.3 247.1 129.3 264.9 140.2 275.8L204.2 339.8C215.1 350.7 232.9 350.7 243.8 339.8L371.8 211.8z\"><\/path><\/svg><\/span><span class=\"uagb-icon-list__label\">Bespoke AML consultancy available for all sectors<\/span><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-buttons uagb-buttons__outer-wrap uagb-btn__default-btn uagb-btn-tablet__default-btn uagb-btn-mobile__default-btn uagb-block-27986e97\"><div class=\"uagb-buttons__wrap uagb-buttons-layout-wrap \">\n<div class=\"wp-block-uagb-buttons-child uagb-buttons__outer-wrap uagb-block-5e096d1b wp-block-button\"><div class=\"uagb-button__wrapper\"><a class=\"uagb-buttons-repeater wp-block-button__link\" aria-label=\"\" href=\"https:\/\/www.amlcc.com\/consult\/\" rel=\"follow noopener\" target=\"_self\" role=\"button\"><div class=\"uagb-button__link\">Find out more<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-container half-blue-desktop uagb-block-89ea4904 alignfull uagb-is-root-container\">\n<div class=\"wp-block-uagb-container uagb-block-fdab8534\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-52a83ed5\"><h3 class=\"uagb-heading-text\">What others have said<\/h3><\/div>\n\n\n\n<div class=\"wp-block-uagb-slider amlcc-testimonial-slider uagb-block-6c68dd50 uagb-slider-container\"><div class=\"uagb-slides uagb-swiper\"><div class=\"swiper-wrapper\">\n<div class=\"wp-block-uagb-slider-child uagb-slider-child-wrap swiper-slide uagb-block-b998a2d4\"><div class=\"swiper-content\">\n<div class=\"wp-block-uagb-container uagb-block-04f3c45e\">\n<div class=\"wp-block-uagb-container uagb-block-02c01de1\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-b215507c\"><h3 class=\"uagb-heading-text\">&#8220;We had the man from the ICAEW here yesterday to carry out a QAD practice review. We got a clean bill of health \u2013 not a single action point\u2026That is in no small measure due to AMLCC so I just wanted to say \u2018thank you\u2019&#8221;<\/h3><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-container uagb-block-949a56df\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"812\" src=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-1.jpg\" alt=\"\" class=\"wp-image-495\" style=\"aspect-ratio:3\/4;object-fit:contain;width:auto;height:382px\" srcset=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-1.jpg 550w, https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-1-203x300.jpg 203w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-slider-child uagb-slider-child-wrap swiper-slide uagb-block-cc23ebfe\"><div class=\"swiper-content\">\n<div class=\"wp-block-uagb-container uagb-block-af8628f6\">\n<div class=\"wp-block-uagb-container uagb-block-9e1b5830\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-bdd14157\"><h3 class=\"uagb-heading-text\">&#8220;Thank you for such a perfect and informative [solution]. You have given me a clear direction for my AML training and CPD.&#8221;<br><\/h3><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-container uagb-block-ef336e36\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"786\" src=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-2.jpg\" alt=\"\" class=\"wp-image-496\" style=\"aspect-ratio:3\/4;object-fit:contain;width:auto;height:382px\" srcset=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-2.jpg 550w, https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-2-210x300.jpg 210w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-slider-child uagb-slider-child-wrap swiper-slide uagb-block-040a7367\"><div class=\"swiper-content\">\n<div class=\"wp-block-uagb-container uagb-block-3b2e0080\">\n<div class=\"wp-block-uagb-container uagb-block-64ce7dad\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-3d47ccc6\"><h3 class=\"uagb-heading-text\">&#8220;I just wanted to say \u2018thank you\u2019 to you, Richard, and all the team at AMLCC for providing a service that really does minimise the burden of AML compliance.&#8221;<br><\/h3><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-container uagb-block-e1d755c8\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"732\" src=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-3.jpg\" alt=\"\" class=\"wp-image-494\" style=\"aspect-ratio:3\/4;object-fit:contain;width:auto;height:382px\" srcset=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-3.jpg 550w, https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-3-225x300.jpg 225w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-slider-child uagb-slider-child-wrap swiper-slide uagb-block-403770d4\"><div class=\"swiper-content\">\n<div class=\"wp-block-uagb-container uagb-block-a0d5a66b\">\n<div class=\"wp-block-uagb-container uagb-block-a9b0dbd5\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-302585b3\"><h3 class=\"uagb-heading-text\">&#8220;What a refreshing pleasure working with a company who actually listens to the feedback from their customers and communicates with them!&#8221;<br><\/h3><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-container uagb-block-64782dba\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"732\" src=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-4.jpg\" alt=\"\" class=\"wp-image-497\" style=\"aspect-ratio:3\/4;object-fit:contain;width:auto;height:382px\" srcset=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-4.jpg 550w, https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-4-225x300.jpg 225w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-slider-child uagb-slider-child-wrap swiper-slide uagb-block-9b9b7e36\"><div class=\"swiper-content\">\n<div class=\"wp-block-uagb-container uagb-block-3a9f75d3\">\n<div class=\"wp-block-uagb-container uagb-block-aa8435c0\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-afe45a8b\"><h3 class=\"uagb-heading-text\">&#8220;Your team they have been excellent from the moment Fiona did a demo for me with only 15 minutes notice, and thoroughly going through the AMLCC product, answering the many questions I had! It was at this point at which I made up my mind this is the sort of business I want to work with for my AML.&#8221;<br><\/h3><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-container uagb-block-8f4648c6\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"550\" height=\"798\" src=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-5.jpg\" alt=\"\" class=\"wp-image-498\" style=\"aspect-ratio:3\/4;object-fit:contain;width:auto;height:382px\" srcset=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-5.jpg 550w, https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/testimonial-5-207x300.jpg 207w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div><\/div><div class=\"swiper-pagination\"><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-container uagb-block-bd594624\">\n<div class=\"wp-block-uagb-advanced-heading uagb-block-deefd48d\"><h3 class=\"uagb-heading-text\">Making compliance easier<\/h3><\/div>\n\n\n\n<div class=\"wp-block-uagb-image aligncenter uagb-block-94cd8a56 wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-center\"><figure class=\"wp-block-uagb-image__figure\"><img decoding=\"async\" src=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/image-22-1.png\" alt=\"AMLCC newsroom\" class=\"uag-image-1454\" width=\"700\" height=\"450\" title=\"image-22-1\" loading=\"lazy\" role=\"img\" \/><\/figure><\/div>\n\n\n\n<div class=\"wp-block-uagb-buttons uagb-buttons__outer-wrap uagb-btn__default-btn uagb-btn-tablet__default-btn uagb-btn-mobile__default-btn uagb-block-d88e5ed5\"><div class=\"uagb-buttons__wrap uagb-buttons-layout-wrap \">\n<div class=\"wp-block-uagb-buttons-child uagb-buttons__outer-wrap uagb-block-762fbc5a wp-block-button\"><div class=\"uagb-button__wrapper\"><a class=\"uagb-buttons-repeater wp-block-button__link\" aria-label=\"\" href=\"\/press\/\" rel=\"follow noopener\" target=\"_self\" role=\"button\"><div class=\"uagb-button__link\">View more articles<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Every regulated business is legally required to have systems in place that prevent money laundering, terrorist financing and proliferation financing. When those systems fail, the consequences can range from reputational risk, to fixed financial penalties, to criminal prosecution. Although it\u2019s the failed AML inspections in big financial institutions that hit the headlines, the majority of [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":10715,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"unboxed","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Consequences For Failing To Comply With AML Obligations?<\/title>\n<meta name=\"description\" content=\"Failing to meet AML obligations can mean fines, regulatory action and reputational damage. Most enforcement action now targets small and mid-sized practices.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Consequences For Failing To Comply With AML Obligations?\" \/>\n<meta property=\"og:description\" content=\"Failing to meet AML obligations can mean fines, regulatory action and reputational damage. Most enforcement action now targets small and mid-sized practices.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/\" \/>\n<meta property=\"og:site_name\" content=\"AMLCC\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-20T10:30:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1910\" \/>\n\t<meta property=\"og:image:height\" content=\"1276\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Becs Preddle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@amlcc_global\" \/>\n<meta name=\"twitter:site\" content=\"@amlcc_global\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Becs Preddle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/\"},\"author\":{\"name\":\"Becs Preddle\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/#\\\/schema\\\/person\\\/3b4671ec016b5042bd0f298536dd7e79\"},\"headline\":\"What are the consequences for failing to comply with AML obligations?\",\"datePublished\":\"2025-11-20T10:30:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/\"},\"wordCount\":1208,\"publisher\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/tim-gouw-bwki71ap-y8-unsplash.jpg\",\"inLanguage\":\"en-LC\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/\",\"name\":\"The Consequences For Failing To Comply With AML Obligations?\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/tim-gouw-bwki71ap-y8-unsplash.jpg\",\"datePublished\":\"2025-11-20T10:30:43+00:00\",\"description\":\"Failing to meet AML obligations can mean fines, regulatory action and reputational damage. Most enforcement action now targets small and mid-sized practices.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/#breadcrumb\"},\"inLanguage\":\"en-LC\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-LC\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/tim-gouw-bwki71ap-y8-unsplash.jpg\",\"contentUrl\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2025\\\/11\\\/tim-gouw-bwki71ap-y8-unsplash.jpg\",\"width\":1910,\"height\":1276,\"caption\":\"What are the consequences for failing to comply with AML obligations?\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What are the consequences for failing to comply with AML obligations?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/#website\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/\",\"name\":\"AMLCC\",\"description\":\"The single-platform solution for all your AML\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-LC\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/#organization\",\"name\":\"AMLCC\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-LC\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/AMLCClogo-500.png\",\"contentUrl\":\"https:\\\/\\\/www.amlcc.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/AMLCClogo-500.png\",\"width\":500,\"height\":146,\"caption\":\"AMLCC\"},\"image\":{\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/amlcc_global\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/amlcc-global\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.amlcc.com\\\/lc\\\/#\\\/schema\\\/person\\\/3b4671ec016b5042bd0f298536dd7e79\",\"name\":\"Becs Preddle\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Consequences For Failing To Comply With AML Obligations?","description":"Failing to meet AML obligations can mean fines, regulatory action and reputational damage. Most enforcement action now targets small and mid-sized practices.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/","og_locale":"en_US","og_type":"article","og_title":"The Consequences For Failing To Comply With AML Obligations?","og_description":"Failing to meet AML obligations can mean fines, regulatory action and reputational damage. Most enforcement action now targets small and mid-sized practices.","og_url":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/","og_site_name":"AMLCC","article_published_time":"2025-11-20T10:30:43+00:00","og_image":[{"width":1910,"height":1276,"url":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg","type":"image\/jpeg"}],"author":"Becs Preddle","twitter_card":"summary_large_image","twitter_creator":"@amlcc_global","twitter_site":"@amlcc_global","twitter_misc":{"Written by":"Becs Preddle","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/#article","isPartOf":{"@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/"},"author":{"name":"Becs Preddle","@id":"https:\/\/www.amlcc.com\/lc\/#\/schema\/person\/3b4671ec016b5042bd0f298536dd7e79"},"headline":"What are the consequences for failing to comply with AML obligations?","datePublished":"2025-11-20T10:30:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/"},"wordCount":1208,"publisher":{"@id":"https:\/\/www.amlcc.com\/lc\/#organization"},"image":{"@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg","inLanguage":"en-LC"},{"@type":"WebPage","@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/","url":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/","name":"The Consequences For Failing To Comply With AML Obligations?","isPartOf":{"@id":"https:\/\/www.amlcc.com\/lc\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/#primaryimage"},"image":{"@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/#primaryimage"},"thumbnailUrl":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg","datePublished":"2025-11-20T10:30:43+00:00","description":"Failing to meet AML obligations can mean fines, regulatory action and reputational damage. Most enforcement action now targets small and mid-sized practices.","breadcrumb":{"@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/#breadcrumb"},"inLanguage":"en-LC","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/"]}]},{"@type":"ImageObject","inLanguage":"en-LC","@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/#primaryimage","url":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg","contentUrl":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg","width":1910,"height":1276,"caption":"What are the consequences for failing to comply with AML obligations?"},{"@type":"BreadcrumbList","@id":"https:\/\/www.amlcc.com\/lc\/what-are-the-consequences-for-failing-to-comply-with-aml-obligations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.amlcc.com\/lc\/"},{"@type":"ListItem","position":2,"name":"What are the consequences for failing to comply with AML obligations?"}]},{"@type":"WebSite","@id":"https:\/\/www.amlcc.com\/lc\/#website","url":"https:\/\/www.amlcc.com\/lc\/","name":"AMLCC","description":"The single-platform solution for all your AML","publisher":{"@id":"https:\/\/www.amlcc.com\/lc\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.amlcc.com\/lc\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-LC"},{"@type":"Organization","@id":"https:\/\/www.amlcc.com\/lc\/#organization","name":"AMLCC","url":"https:\/\/www.amlcc.com\/lc\/","logo":{"@type":"ImageObject","inLanguage":"en-LC","@id":"https:\/\/www.amlcc.com\/lc\/#\/schema\/logo\/image\/","url":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/AMLCClogo-500.png","contentUrl":"https:\/\/www.amlcc.com\/wp-content\/uploads\/2023\/11\/AMLCClogo-500.png","width":500,"height":146,"caption":"AMLCC"},"image":{"@id":"https:\/\/www.amlcc.com\/lc\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/amlcc_global","https:\/\/www.linkedin.com\/company\/amlcc-global"]},{"@type":"Person","@id":"https:\/\/www.amlcc.com\/lc\/#\/schema\/person\/3b4671ec016b5042bd0f298536dd7e79","name":"Becs Preddle"}]}},"uagb_featured_image_src":{"full":["https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg",1910,1276,false],"thumbnail":["https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash-150x150.jpg",150,150,true],"medium":["https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash-300x200.jpg",300,200,true],"medium_large":["https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash-768x513.jpg",768,513,true],"large":["https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash-1024x684.jpg",1024,684,true],"1536x1536":["https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash-1536x1026.jpg",1536,1026,true],"2048x2048":["https:\/\/www.amlcc.com\/wp-content\/uploads\/2025\/11\/tim-gouw-bwki71ap-y8-unsplash.jpg",1910,1276,false]},"uagb_author_info":{"display_name":"Becs Preddle","author_link":"https:\/\/www.amlcc.com\/lc\/author\/becskokopelli-london\/"},"uagb_comment_info":0,"uagb_excerpt":"Every regulated business is legally required to have systems in place that prevent money laundering, terrorist financing and proliferation financing. When those systems fail, the consequences can range from reputational risk, to fixed financial penalties, to criminal prosecution. Although it\u2019s the failed AML inspections in big financial institutions that hit the headlines, the majority of&hellip;","_links":{"self":[{"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/posts\/10713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/comments?post=10713"}],"version-history":[{"count":0,"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/posts\/10713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/media\/10715"}],"wp:attachment":[{"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/media?parent=10713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/categories?post=10713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amlcc.com\/lc\/wp-json\/wp\/v2\/tags?post=10713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}