IAB AML Supervision Report 2026 now available to download
At a glance
Article summary
The IAB AML Supervision Report 2026 is now available to download. Published under Regulation 46A, it covers our supervisory work from 6 April 2025 to 5 April 2026, including inspection outcomes, enforcement activity and five-year trends, and explains what the FCA transition and recent regulatory changes mean for your practice.
Our Anti-Money Laundering (AML) Supervision Report 2026 is now available to download. Published under Regulation 46A of the Money Laundering Regulations 2017, it sets out how we supervised our member practices over the past year and what we found.
The report covers 6 April 2025 to 5 April 2026. It was a year of change. In October 2025 the Government decided to transfer AML supervision of professional services to the Financial Conduct Authority (FCA), and the report explains how we have continued to supervise effectively through that period.
What the AML supervision report covers
The report brings together our supervisory data, inspection findings and enforcement activity for the year. Inside you will find:
- Leadership perspective: IAB Chief Executive Sarah Palmer on the FCA transition, and why the realities of smaller practices must be understood as a new supervisory model takes shape.
- AML Complete™ in action: how two years of mandatory use gives us a live view of practice and client risk, and sharper targeting of inspections.
- Entry controls and enforcement: vetting, declined applications, revoked licences and fines.
- Our supervised population: a breakdown of the services practices offer and the client risk they carry.
- Inspection outcomes and five-year trends: grading, action plans and fines from 2021-22 to 2025-26.
- The year ahead: the FCA transition timetable and the regulatory and guidance changes practices need to act on now.
What the report means for your practice
Responsibility for compliance stays with each practice. Amendments to the Money Laundering Regulations came into effect on 30 June 2026, and revised CCAB Anti-Money Laundering Guidance for the Accountancy Sector followed on 5 August 2026.
Over the coming year, our supervision will focus on whether you have considered these changes, updated your policies and procedures where needed, and can show how your arrangements work in practice. Source-of-funds checks, enhanced due diligence, beneficial ownership verification and the evidence behind your decisions will all receive close attention.
Download the IAB AML Supervision Report 2026
The full report sets out our inspection findings, enforcement activity and five-year trends in grading, action plans and fines, together with our inspection methods and key insights for practices. Download the full report (PDF, 5MB).
If you have not already done so, work through our eight AML CPD modules, which have been compulsory for supervised members since 1 October 2026. You can find out more about AML supervision with the IAB, or contact us with any questions about your supervision.
AML Supervision Report 2026
Frequently asked questions
The IAB remains your AML supervisor through the FCA transition. Download the report and make sure your practice is ready for what comes next.
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