What You Will Learn :
- The role of financial institutions & obliged entities
This flexible course is perfect for anyone who works for a financial institution who really wants to understand the AML threat: new joiners, graduate trainees, compliance staff, IT staff and anyone with direct or indirect exposure to clients /transactions. The course is also suitable for anyone working in a non-financial business who may be affected by new regulations – real estate and letting staff, lawyers, notaries, accountants, trust providers, and high-value dealers. The course aims to get delegates to a level of ‘professional scepticism’ that regulators believe is crucial in the fight against financial crime and money laundering. It will go behind and beyond the regulations to show delegates how to apply the ‘smell test’ to transactions, individuals and businesses and ensure that the level of suspicious activity reports [SARs] rises. It will cover the newest regulations regarding due diligence and KYC as well as how financial institutions, businesses and individuals can protect themselves against financial crime.