Keeping your practice up to date.
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. They replace the Money Laundering Regulations 2007 and the Transfer of Funds Information on the Payer) Regulations 2007 with updated provisions that implement in part the Fourth Money Laundering Directive and also the Funds Transfer Regulation of the European Parliament and of the Council.
It is mandatory that all regulated businesses have in place AML policies and procedures.
I can help train your staff and assist with policy formation.
I am happy to visit your business and seminars can be conducted on site.
I offer a textured approach to learning that combines legislatively-focused learning with instructional design and short course/ microlearning to really break-down the principles of financial crime into engaging and manageable chunks.
For instance, my Anti- Money Laundering course forms a great base from which learners are taught the basics of spotting, reporting, and stopping money laundering. The course is designed to teach the fundamentals of what money laundering is, what is might be used for, and what could be classed as suspicious activity to look out for.
Expanding from this base, and depending upon what your requirements I also offer an Anti-Money Laundering course specially designed for Money Servicer Business (MSBs), and an additional short-course on combating Terrorist Financing For organisations looking to offer refresher and/or additional training to staff, I have designed two microlearning courses on this subject, perfect for testing learners’ knowledge and keeping awareness levels high! My courses reinforce key principles of anti-money laundering compliance.
Typical Course Structure
The Anti-Money Laundering Course is split into the following modules:
- Module One: Introduction to Money Laundering
- What is Money Laundering?
- Methods of Money Laundering
- Why Launder Money?
Module Two: Anti-Money Laundering Legislation and Regulatory Framework
- United Nations Conventions
- Anti-Money Laundering Legislation in the UK
Module Three: Anti-Money Laundering Responsibilities
- What is a Money Laundering Reporting Officer?
- MLRO Responsibilities
- Employee Responsibilities
- Responsibilities of the ‘Relevant Person’
Module Four: Risk Based Approach (RBA)
- Risk Based Approach (RBA)
- Examples of a Risk
- Sanctioned Customers and Businesses
- Developing a Risk Based Approach
Module Five: Customer Due Diligence
- Customer Due Diligence and Legislation
- When to Apply Customer Due Diligence
- Customer Due Diligence Measures
- Inability to Apply Customer Due Diligence
- Enhanced Customer Due Diligence
Module Six: Record Keeping Requirements
- Which Records Are Kept?
- Types of Records
- Formats of Records
- Due Diligence Records
- File Notes
- Destroying Records
Module Seven: Identifying and Reporting Suspicious Activity
- Identifying Suspicious Activity
- Suspicious Customers
- Reporting Suspicious Activity
- Suspicious Activity Report
- Identifying Suspicious Activity
Module Eight: Staff Training
- Staff Training Legislation
- Staff Training Topics
- How to Train Staff
If you wish to discuss training and seminars please feel free to contact me.
Awards & Associations
Judges play an essential role in the trial process. In addition to managing the case and directing jurors on the law, Judges also assist by clarifying the evidence of witnesses and/or asking questions of witnesses that a Judge may feel is pertinent to the jury’s...
Mobile: 07951 535 693
Send an email to Tanveer