Anti Money Laundering Course

 Location: London (Central)

This half day course provides an understanding of the current rules relating to the management of money laundering risk in the financial services sector. 

It will be of benefit to anyone new to the financial services industry, those new to the UK regime or those needing to up-date their knowledge following the implementation of the Money Laundering Regulations 2007.

Course categories:Legal Compliance Courses, Back Office Inhouse Courses , Corporate Banking Inhouse, Legal / Compliance Inhouse, Risk Management Inhouse

COVERED TOPICS

Introduction

• Historical context – how the current regime evolved including EEA requirements and the Financial Action Task Force recommendations.
• The regulatory structure – Proceeds of Crime Act 2002 (as amended by the Serious Organised Crime and Police Act 2005), Money Laundering Regulations 2007, FSA Rules (SYSC), the Joint Money Laundering Steering Group guidance.

Individual liability – the offences, defences and penalties

• Assistance
• Failure to report
• Tipping off

Institutional requirements

The systems and controls required to manage the money laundering risk within the business

• Risk based approach
• Customer due diligence
• Identification and verification
• Simplified and enhanced
• Beneficial owners
• Additional risk – Politically exposed persons
• Reliance on third parties
• HM Treasury – Financial sanctions and the Consolidated list
• The responsibilities of senior management
• The role of the Money Laundering Reporting Officer
• Ongoing monitoring and the requirement to report  
• Record keeping
• Staff training

The Joint Money Laundering Steering Group

• Interpreting the rules and guidance on their implementation

Supervision, registration and enforcement

• The role of the FSA
• Supervising agency
• Prosecuting authority

REGISTRATION & PRICING INFORMATION

Contact us if you are looking to book multiple participants as we offer discounts as follows:

• 1-2 participants - full price
• 3-4 participants - 15% discount
• 5-6 participants - 20% discount
• 7-8 participants - 25% discount
• Over 9 participants - 30% discount

For more information or to be contacted by the event provider please fill this form:

Registration price

250.00

Query Type

I want to book a seat on this eventI want more informationI have a questionI am looking for related / similar eventsI want this course as in-house courseI want to sponsor this eventI would like to speak on this eventOther

First Name

Last Name

Email

Telephone

Company

Job Title

Questions/ Additional Info

Price: 250.00 GBP
Location: London (Central)
Event date: 05.11.2012 - 05.11.2012
Event duration: 3h30
Event time: 09.30 h - 13.00 h

ADDITIONAL DATES

CONTACT US

Email: info@financialveritas.com

Phone: +44 208 133 5917