Course description
According to the SRA AML Annual Report 2022/23 only 30% of the firms visited were fully compliant in terms of AML compliance. In addition, 19% of firms were not compliant at all and were referred to the investigations team.
The first few months of 2024 have seen an increase in the number of firms being fined for failures of AML compliance, but there is a lot you can do to be prepared for an SRA visit and to come out of it with a fully compliant rating.
In this webinar, expert speaker Joanna Morris will guide you through the audit process, from the first contact with the SRA to ensuring that you have the correct documentation in place and your staff are following your policies and procedures.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
According to the SRA AML Annual Report 2022/23 only 30% of the firms visited were fully compliant in terms of AML compliance.
In addition, 19% of firms were not compliant at all and were referred to the investigations team.
These figures need to improve.
The first few months of 2024 have seen an increase in the number of firms being fined for failures of AML compliance, but there is a lot you can do to be prepared for an SRA visit and to come out of it with a fully compliant rating.
Expert speaker Jo Morris will guide you through the audit process, from the first contact with the SRA to ensuring that you have the correct documentation in place and your staff are following your policies and procedures.
What You Will Learn
This webinar will cover the following:
- Why have you been chosen for a visit?
- What happens after that initial contact?
- Which documents will the SRA ask you to produce?
- What will happen on the day of the review?
- What will happen after the visit?
- How to get your firm and your staff prepared to make this a smooth experience
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...