Following a fraud risk assessment undertaken by internal auditors ‘BDO’ in October 2020, it was subsequently recommended that the Anti-Fraud Policy be updated to incorporate a section on Money Laundering and investment properties and the Policy is also due for review.

Mrs Van Mellaerts was present at the meeting and available to assist with Members’ enquiries.

A  motion was MOVED by Cllr Nolan and SECONDED by Cllr Tanner to approve the recommendations in the report.

Following discussion, a vote was taken and it was RESOLVED

UNANIMOUSLY that Members:

1.    Approve and adopt the Anti-Fraud Policy, incorporating the

additional section 10.6 on Money Laundering and Investment

Properties (Appendix A).

Reasons for Recommendation

To raise awareness and provide a basic level of understanding for officers

surrounding the potential for money laundering within the specific area of

investment properties.

To ensure the Council is adopting and implementing recommendations from

internal auditors, which endeavours to keep any risk of fraud to the Council at a minimum.