The terms Customer Due Diligence (CDD) and Know Your Customer (KYC) are often used interchangeably, though their scope is subtly different.

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 working remotely from home. Employees were often usin…

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 objective of AML Training The objective of AML tra…

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 solicit helpful feedback from our clients on how we…

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 that the aims of an effective design and deli…

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 support you to stay on top of the important changes. …