How often is AML training required?
The recommended frequency of AML training organised by an MLRO (Money Laundering Report Officer) is dependent upon several factors that we will cover below – but it is recommended by the Academy that training takes part at least annually.
The object…
What is the Right Number of SARs? Is Low Reporting a Sign of Weak Compliance?
What is the Right Number of SARs? Is Low Reporting a Sign of Weak Compliance? And how should they be used to demonstrate the ‘effectiveness’ of a firm’s framework of anti-financial crime controls? [Updated for 2025]
Financial crime professionals are…
Why Firms Are Still Struggling with FWRAs – And How to Get It Right
It has been nearly ten years since the FCA released its Thematic Review (TR14/16) How Small Banks Manage Money Laundering and Sanctions Risk in November 2014, which highlighted critical deficiencies in financial crime systems and controls. The repor…
Is Your Team Ready to Tackle Financial Crime Head-On?
In today’s rapidly evolving financial landscape, the risks of financial crime (FC) — from money laundering and sanctions evasion to terrorism financing and fraud — are more pressing than ever.
So, what’s your best line of defence? Comprehensive, co…
Boost the Effectiveness of EDD, SARs, and PEP Reviews using OSINT
In the evolving landscape of financial crime and terrorism financing (TF), the need for advanced investigative tools and techniques has never been greater. Open-source intelligence (OSINT) is a game-changer, offering financial crime professionals th…
Combating Fraud – Helping unmask the fraudsters at Halloween!
Money-muling is not a typology every firm faces – but there are key themes from the FCA thematic review that all firms should be reviewing.
What is Customer Due Diligence and Know Your Customer?
The terms Customer Due Diligence (CDD) and Know Your Customer (KYC) are often used interchangeably, though their scope is subtly different.
Why are employees working at home a security risk?
Working at home became the norm for thousands of employees who would usually have adhered to strict guidelines and security measures when in their usual work place. However, these security measures were not applicable, or not enforceable, when worki…
Great Chatwell is delighted to provide CPD accredited training for the financial services sector
The Academy provides a range of risk and financial crime compliance solutions for businesses and individuals that are designed to engage, inform and inspire enhanced business and compliance performance. During the past year we have continued to soli…
Effective Financial Crime Compliance (FCC) Training
One of the most common questions that we are asked by our clients is, “What is the most effective way to train our staff knowing that for some, financial crime compliance (“FCC”) training is perceived to be a boring subject?”
Our response is always…
Financial crime compliance – do you know everything there is to know?
It’s difficult to keep up when change is happening so fast. Here at Great Chatwell Academy of Learning we are offering a series of public financial crime compliance workshops in London and Birmingham starting in June 2018 that are designed to suppor…