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Anti-Money Laundering and Preventing Financial Crime

New Full-day course  |  6 CPD hours

£ 329 +VAT per person

£329 +VAT
per person

This course can be presented in-house at your premises. You can find out more about our in-house training here.

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Home > Courses > Anti-Money Laundering and Preventing Financial Crime

Anti-Money Laundering and Preventing Financial Crime

Full-day course

Course prices:

Classroom: £329 +VAT per person

Course overview

The recent strengthening of criminal finance legislation has imposed further stringent requirements on your corporate responsibilities in several sensitive areas, including Anti-Money Laundering, Counter Financing of Terrorism and Bribery and Corruption. These have been compounded by the new offence of failing to prevent tax evasion under the Criminal Finances Act. If you cannot manage your AML/CTF, ABC and CFA response adequately there could be serious implications for your business and for you personally. This could range from unwelcome attention from regulators to civil or criminal action and in a worst-case scenario, criminal prosecution and conviction for facilitating financial crime.

This comprehensive one-day course will introduce you to all the key criminal finance legislation and lead you step-by-step through the process of recognising, assessing and managing the AML and financial crime risks to your business.  Our expert presenter will demonstrate how to plan and implement a strategy that will satisfy the requirements of UK regulators.

What will be covered?

  • What is money laundering, terrorist financing, bribery and tax fraud facilitation?
  • Legislation and regulatory landscape
  • Key indicators of money laundering
  • Responsibilities of a business
  • The SAR regime
  • The role of the MLRO
  • The six guiding principles for managing AML risk
  • Policies, controls and procedures
  • Customer Due Diligence
  • Whistleblowing
  • Interaction with Data Protection legislation
  • Current threats and trends
  • The future of AML nationally and internationally

Who should attend?

This course is essential for MLROs, Nominated Officer, Compliance Officers, Finance Directors and Senior Executives with compliance responsibilities. It is of benefit to any staff working in finance, procurement or HR and any staff instructing contractors to act on behalf of an organisation.

Extra benefits

  • A course pack containing the information presented on the day and links to the official government guidance
  • Sample documents including a top-level strategic statement, policy, risk assessment and sample SAR report
  • A certificate of attendance
  • Complimentary refreshments and lunch provided

What questions will be answered?

  • What is money laundering, terrorist financing, bribery and facilitation of tax evasion?
  • What does the legislation say?
  • What are my legal responsibilities and the penalties for getting it wrong?
  • How do I train my staff effectively?
  • What are the responsibilities of an MLRO/Nominated Officer?
  • How do I assess risk?
  • What documentation do I have to prepare and maintain?
  • How do I spot a suspicious transaction?
  • What are the key indicators of AML/CTF/ABC and how do I weigh them up?
  • What is a Politically Exposed Person and how do I identify and manage them?
  • How far can I rely on risk management software?
  • When and how do I submit a SAR?
  • What are the different levels of Customer Due Diligence and when do I have to apply them?
  • What questions do I have to ask my customer?
  • What should I tell my customers?
  • What policies, controls and procedures do I need to introduce?
  • What are the six guiding principles to financial crime risk management?
  • How do I record what I do in compliance with the legislation and regulations?
  • What internal policies and guidance to I need to maintain?
  • What are my responsibilities in relation to contractors?
  • How do I deal with Whistleblowing?
  • What does my regulator expect from me?
  • How do I deal with an inspection, audit or investigation?
  • What developments can I expect in the AML landscape in the next 24 months?

Course presenters

  • Laurence Howland

    Laurence has 30 years experience working with HMRC as a criminal investigator and a specialist in tax fraud and financial crime. He has delivered training both within HMRC and internationally on proceeds of crime legislation, criminal finances and money laundering.

    Laurence has also spent over 4 years as the UK Fiscal Crime Liaison Officer to Beijing working directly with the Chinese government and across the Far East to improve mutual understanding of and collaboration on international fraud and money laundering. He has acted as an expert witness in cases involving the underground transfer of funds from China to the UK.

Course dates