MLRO Masterclass

Professional Development

Overview

This course is designed for those already working in the role of MLRO, or as deputy MLRO, who wish to enhance their existing knowledge and ensure that they are up to date with current legislative requirements, whilst reviewing and discussing any topical events.

Suitable For

Suitable for newly qualified and experienced MLROs as well as those with compliance and risk oversight responsibilities.

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:

  • Fully appreciate the nature of their obligations and the challenges that may be faced in meeting them
  • Consider emerging financial crime risks and the suitability of existing controls
  • Implement enhancements in response to lessons from analysed money laundering investigations and prosecutions
  • Consider the adequacy existing systems and awareness levels in the context of the globalisation of the risk of money laundering and terrorist financing proliferation and sanctions

SESSION CONTENT

  • Addressing money laundering myths
  • Challenges to the role of the MLRO
  • What constitutes “reasonable grounds” for suspicion – new guidance following the first prosecution against a MLRO for failing to report
  • Changes in the AML Regulatory Framework – focus on tax crime and the rise of failure to prevent offences
  • Keeping your AML Compliance Monitoring Programme up to date – focus on sanctions updates
  • Developments in terrorist finance
  • Case studies