Anti-Money Laundering Training

Professional Development

Overview

Understanding, detecting and preventing money laundering are at the heart of risk management for financial services businesses. There are significant legal and regulatory implications for businesses that fail to have adequate systems and controls in place, with training being a mandatory requirement. This seminar covers the essential knowledge required for individuals to understand the legislation and their requirements to report suspicion of money laundering.


Suitable For

All Staff

2 CPD hours
2 hours
Jersey

This session has already run and a new date has not yet been scheduled. Please contact us to register your interest.

Learning Outcomes

Having attended this course, delegates will:

  • Understand what money laundering is
  • Be aware of the legislation applicable to them and the businesses for which they work
  • Understand their requirements in respect of reporting suspicious activity

SESSION CONTENT

  • What is money laundering?
  • What is terrorist financing?
  • Understanding vulnerabilities of products and services
  • The law and the regulatory environment
  • What is a risk-based approach?
  • Potential red flags
  • Risk-based approach in action – case studies
  • Mandatory reporting regime
  • Post-reporting considerations