Anti-Money Laundering and Counter-Terrorist Financing

Quorum Training

Course

In City of London and London

£ 545 + VAT

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Description

  • Class hours

    6h

  • Duration

    1 Day

Using a risk approach for Anti-Money Laundering

This course provides an essential overview and refresher, including analysis of the changes brought about by the new international standards and the upcoming EU 4th Directive, together with the key findings of the UK’s National Risk Assessment. It includes a comprehensive review of the UK’s laws, regulations and guidance notes and is also focussed on business needs, taking a risk-based approach and providing an understanding of the controls and processes needed to manage the threats. Delegates will learn the threats to businesses and individuals posed by organised crime and terrorists and how to take a risk-based approach to manage them.

Facilities

Location

Start date

City of London (London)
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138-142 Holborn, EC1N 2NQ

Start date

On request
London
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9 - 10 Portland Place, W1B 1PR

Start date

On request

About this course

Managers in the regulated sector (including charities, estate agents, jewellers and car dealers), Money Laundering Reporting Officers and deputies, staff handling cash and dealing with customers, risk and compliance officers, internal auditors and other professionals.

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Reviews

Subjects

  • Risk
  • Risk Management
  • Anti-money Laundering
  • Financial Law
  • Approach
  • International
  • IT risk
  • Financial Crime
  • Regulations
  • Training planning

Teachers and trainers (1)

Steve Giles

Steve Giles

Teacher

Steve qualified with Deloitte & Touche in 1983. From 1990 he specialised in special projects & forensics (including headline cases such as Polly Peck & BCCI), working on a variety of governance, risk management, fraud assignments both in the UK and abroad. Steve left Deloittes in 1997 and since then has built up a track record of success on an independent basis in helping executives, through risk-based techniques, to find solutions to a variety of unusual business problems.

Course programme

CONTENT
  • Financial crime threat landscape and risk management framework
  • What money laundering is and how it happens
  • The risk of terrorist financing
  • The international dimension – the Financial Action Task Force, EU Directives and the possible implications of Brexit on the UK’s position
  • Comprehensive review of the relevant laws and regulations in the UK, the international standards and the role of law enforcement
  • How to take a risk-based approach – the threat matrix concept and the four key components of risk: customer, product, delivery channels and geography
  • The essential anti-money laundering controls including: customer due diligence procedures; transaction monitoring and reporting suspicious transactions
  • Beneficial ownership – transparency and the new PSC regulations
  • Tone at the top, the role of the MLRO, training and culture

See related categories

Anti-Money Laundering and Counter-Terrorist Financing

£ 545 + VAT

The best Regulation and Compliance courses

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See all