Course description
In the past 12-18 months we have seen regulatory actions against a range of financial services firms and these enforcement cases have lessons for all financial services firms, highlighting common pitfalls in AML compliance systems and controls.
This webinar, presented by David Hamilton, will highlight the key themes from these cases, identify the lessons firms should learn, and provide practical tips on what risk-based compliance should look like.
The webinar will also briefly consider anticipated reforms to applicable AML regimes in the coming months.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Financial crime, AML in particular, is one of the hottest trends in recent FCA enforcement.
In the past 12-18 months we have seen regulatory actions against a range of financial services firms and these enforcement cases have lessons for all financial services firms, highlighting common pitfalls in AML compliance systems and controls.
These include risk assessments, due diligence procedures, ongoing monitoring of customer relationships, governance, and oversight frameworks.
This webinar will highlight the key themes from these cases, identifying the lessons firms should learn, and providing practical tips on what risk-based compliance should look like.
The webinar will also briefly consider anticipated reforms to applicable AML regimes in the coming months.
What You Will Learn
This webinar will cover the following:
- Brief summary of applicable AML statutory and regulatory frameworks
- Key themes arising from recent FCA enforcement actions
- How to protect your business and mitigate the risk of compliance failings
- Anticipated reforms of the UK's AML framework
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...