Anti money laundering & combatting the finance of terrorism awareness
The continuing threat from international criminals, terrorists and money launderers who continue to take advantage of the products and services of the financial services sector, requires firms to ensure that the learning that is provided is effective and outcomes focused.
Our programmes offer learning for regulated and unregulated employees who are managing financial crime compliance risks and highlight the latest crime typologies whilst encouraging delegates to think like a criminal in order to be a more effective gamekeeper!
A comprehensive programme designed to provide senior financial crime risk and compliance professionals with the technical knowledge and practical guidance that is required to manage a programme of financial crime compliance.
The course covers crime awareness and the very latest emerging financial crime threats and the UK and international legal and regulatory response. This will include the latest developments in the UK money laundering regulations and best practices from groups such as Transparency International and Wolfsberg Group.
The course will also cover how to manage a risk-based approach to managing money laundering risks, enhanced due diligence and simplified due diligence procedures and confirmation of personal and corporate responsibilities under the Proceeds of Crime Act 2002 and Terrorism Act 2000 to report knowledge and suspicion, and to avoid prejudicing an investigation by tipping off.
Crime awareness and the very latest emerging threats that are relevant to the company, including for example, fraud scams, transaction-based money laundering and trade based money laundering.
Understanding of UK and international financial crime laws, regulations and sources of best practice, including the EU 5th and 6th MLD, US BSA and the UK Money Laundering Regulations 2017, as amended in 2019.
How to manage a risk-based approach to managing money laundering risks, including enhanced due diligence and simplified due diligence client identification and verification procedures.
Clarification of personal and corporate responsibilities under the Proceeds of Crime Act 2002 and Terrorism Act 2000 including reporting knowledge and suspicion and how to avoid prejudicing an investigation by tipping off.