Course description
Presented by Anita Clifford, this virtual classroom seminar will assist regulated firms and persons with an interest in AML laws with keeping up to date and staying on the right side of AML compliance.
Anita will discuss the latest key AML risks which should be taken into account in your firm’s risk assessment, along with important new provisions in POCA and the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 which will impact your internal procedures.
New enforcement cases and case law will also be covered, as well as what to watch for when applying Customer Due Diligence and undertaking source of funds checks.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The past 12 months has seen the identification of new and pressing money laundering risks, including a rise in vendor fraud to pooled funding.
The Proceeds of Crime Act 2002 (POCA) has also been amended to include important new provisions which directly affect firms operating in the regulated sector.
Alongside this, there have been significant cases in the area of AML enforcement as well as new case law which affects the offence of possessing criminal property, contrary to s 329 POCA.
This virtual classroom seminar provides an overview of the latest guidance, cases and provisions to assist regulated firms and persons with an interest in AML laws with keeping up to date and staying on the right side of AML compliance.
What You Will Learn
This live and interactive course will cover the following:
- The latest key AML risks which should be taken into account in your firm’s risk assessment
- Important new provisions in POCA and the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 which will impact your internal procedures
- New enforcement cases and case law
- What to watch for when applying Customer Due Diligence and undertaking source of funds checks
Expenses
MBL Seminars Limited
With over 1,000 expert speakers covering more than 3,360 different topics, our course portfolio is vast and can be delivered either online or in-person. With over 450 years of collective professional development experience, we are proud to be trusted to...