Ukraine crisis resource hub
ICAS has launched a new Ukraine crisis resource hub to keep you updated on the latest information on current sanctions and professional obligations, as well as the support and guidance available.
ICAS articles
- ICAS statement (7 March 2022)
- CCAB statement on professional obligations (2 March 2022) - CCAB issued a statement on 2 March highlighting ethical, AML and PII considerations for professional accountants
- Accountancy Europe – What European Accountants need to know (9 March 2022) - Accountancy Europe issued publication highlighting AML, Cybersecurity and Accounting, Reporting and Auditing considerations for professional accountants
- The global economic impact of sanctions (22 March 2022) - Chris Wongsosaputro CA examines the global impact of the sanctions on Russia following the invasion of Ukraine.
- Russian Sanctions: Accountancy and management consultancy services (22 July 2022)
- Russian Sanctions: Audit services (3 October 2022)
Whistleblowing support and guidance
ICAS partner support
- Amiqus | Digital ID, AML and compliance checks - AML compliance service available through our Evolve practice support programme partner Amiqus
- Mitigo | The ICAS trusted cybersecurity partner - Cyber security support available through our Evolve practice support programme partner Mitigo
AML and sanctions
UK sanctions
- Webinar on UK sanctions related to Russia - 17 March, 1pm GMT
- UK sanctions list - Definitive sanctions list maintained by OFSI
- NCA/UKFIU Note on SAR Glossary Code (10 March 2022)
- NCA/UKFIU SAR Glossary Codes and Reporting Routes Booklet (Updated March 2022)
- Reporting information to OFSI – what to do - Guidance on what to do if you suspect that a breach of financial sanctions has occurred
- Department of International Trade Helpline - Questions on trading with Russia and Ukraine – dedicated online or telephone service
- UK sanctions relating to Russia - Gov.uk guidance on the UK’s sanctions regime relating to Russia
- UK sanctions relating to the Republic of Belarus - Gov.uk guidance on the UK’s sanctions regime relating to the Republic of Belarus
- Financial sanctions, Russia - HM Treasury and OFSI documents current list of designated persons, list of persons named in relation to financial and investment restrictions, and latest HM Treasury notices
- OFSI General licences - Details of General Licences issued by OFSI permitting activity otherwise prohibited by financial sanctions
- Financial Sanctions FAQ (Law Society of Scotland) - Helpful FAQ compiled by the Law Society of Scotland
- Dear IP, Issue No. 142 special edition on the Russian sanctions - Insolvency Service guidance on implications of sanctions for insolvency practitioners
- Economic Crime (Transparency and Enforcement) Act 2022 - Act received Royal Ascent on 15 March 2022 setting up a register of overseas entities and their beneficial owners and requiring overseas entities who own land to register in certain circumstances; make provision about unexplained wealth orders; and makes provision about sanctions
Sanctions imposed in other jurisdictions
Key jurisdictional sanctions which may be relevant to ICAS Members across the world
Cyber security
Charities guidance
- OSCR Guidance: What should charities do in response to the war
- Ukraine humanitarian crisis: guidance for charities and trustees from the Charity Commission for England and Wales (CCEW)
- CCEW alert to raise awareness of the risk of sexual exploitation and abuse and sexual harassment of those in need of assistance
- Statement on Ukraine crisis and its implications for charities from The Charity Commission for England and Wales (2 March 2022)
- CCNI guidance on giving safely
Pensions guidance
Other resources
- The DEC Ukraine Humanitarian Appeal
- Financial Conduct Authority - Russian invasion of Ukraine home page
- Chartered Accountants Worldwide (CAW) - Institutes response to the war in Ukraine