Understanding the Anti-Money Laundering handbook
Professional Development
Overview
It is imperative that financial services professionals working in regulated businesses understand the requirements placed upon them by the law and by regulation in respect of money laundering risk management. Understanding how the AML Handbook applies to your business and business model enables a business to, not only meet their regulatory requirements, but manage the risk of facilitating criminal monies more effectively. This seminar examines the key aspects of the handbook and helps businesses build an effective anti-money laundering risk management approach.
Suitable For
Those financial services professionals who must understand the AML Handbook.
This course 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:
- Have a greater understanding of the importance of the AML handbook and how it relates to their business
- Understand monitoring and record keeping requirements
- Understand how the AML handbook provides a foundation for an effective risk management programme in relation to money laundering and the financing of terrorism
SESSION CONTENT
- Customer due diligence requirements
- Identification and verification of identity
- Ongoing monitoring activity and transactional monitoring
- Reporting requirements
- Vetting, awareness and training of employees
- Record keeping