Richard Simms, Managing Director of AMLCC, is both a professional regulated under the anti-money laundering regulations and a leading authority on anti-money laundering compliance, risk management and education. Since 2007 when AML regulation for accountants was introduced in the UK, as both a chartered accountant and an insolvency practitioner, Richard has seen first-hand the challenges of implementing effective AML processes. Working with UK regulators and supervisors, Richard used his unique professional insights to create AMLCC (Anti-Money Laundering Compliance Company Limited) in 2008 to make AML easier for regulated businesses worldwide.