40. A consultant makes two statements about ICAEW's regulation and supervision roles

1 ICAEW uses the same detailed rules to regulate members who work in practice and members who work in business

2 ICAEW is responsible for oversight of the anti-money laundering (AML) supervisory bodies in the UK

Are these statements accurate?

OA. Both 1 and 2 are accurate

OB. Only 1 is accurate

OC. Only 2 is accurate

OD. Neither 1 nor 2 are accurate